Trading Signals 27/1/23

U.S. GDP data came in better than expected, bolstering slightly the dollar. However, larger and profitable market moves were missing with both EUR/USD and GBP/USD remaining in tight ranges.

Traders will keep an eye on the PCE deflator today at 13:30 UTC.

Let’s see if we can lock in some profits today. We wish everyone a beautiful weekend.

Daily Forex and DAX Signals:

If you are keen to know where we put Take-Profit and Stop-Loss, if we trade on a specific day or not and how we manage open positions, subscribe to our signals.

Our trading ideas for today 27/1/23:

EUR/USD

Long @ 1.0910

Short @ 1.0835

GBP/USD

Long @ 1.2420

Short @ 1.2335

DAX® (GER40)

Long @ 15190

Short @ 15120

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

We wish you good trades!

Any and all liability of the author is excluded.