Good morning, these are the levels I am watching today (until about 2/15pm) for a possible entry. The levels are not intended as a trading recommendation but rather as a guide for intraday traders. The economic data cited may trigger new impulses and should therefore be taken into account. Have a successful trading day! Rico…
Review: EUR/USD recovered significantly in the course of the past trading week. The main reason for this were statements by ECB officials regarding the upcoming interest rate hikes. EUR/USD managed a decisive rebound above the key resistance around USD 1.0480/1.0520. At the start of the week, the recovery movement initially continues. Outlook: The upcoming trading…
Review: Following the late Wall Street rally and positive guidance from Asia, the German stock market barometer started the new trading week with a larger upward price gap and at times climbed back above the 14,200 point mark. In the morning, however, profit-taking unsurprisingly set in, pushing the index back below 14,100 points. Outlook: In…
