U.S. PCE Index In Focus

We saw a slight recovery in both EUR/USD, GBP/USD as well as the DAX on Thursday.

Next short-term bullish targets are 1.2280 in the cable and 1.0630 in the euro. The DAX could test the 15450-region.

Most attention will be paid to the PCE Index scheduled for release today at 12:30 UTC.

Have a very good weekend.


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Our trading ideas for today 29/9/23:


Long @ 1.0610

Short @ 1.0540


Long @ 1.2260

Short @ 1.2215


Settings for all trades today: Entries from 8:00 am UTC, SL 25, TP 40

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!

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