What do you think comes first for the Dollar (DXY)?
Anonymous Poll
65%
Back above yearly highs at 109.00
20%
Back below 104.50
15%
Go figure...
BeSomebodyFX
What do you think comes first for the Dollar (DXY)?
Thank you for the answers, you should know our consensus already given the USDCNH and EURUSD mentioned recently.
We are medium term Dollar bulls and expect new highs for the DXY, but we are careful in expressing it ONLY against more “vulnerable” currencies such as the two mentioned above.
Short term focus is on the NFP and then quickly on next week’s CPI, two important numbers for markets’ sentiment going forward, stay smart
We are medium term Dollar bulls and expect new highs for the DXY, but we are careful in expressing it ONLY against more “vulnerable” currencies such as the two mentioned above.
Short term focus is on the NFP and then quickly on next week’s CPI, two important numbers for markets’ sentiment going forward, stay smart
BeSomebodyFX
Thank you for the answers, you should know our consensus already given the USDCNH and EURUSD mentioned recently. We are medium term Dollar bulls and expect new highs for the DXY, but we are careful in expressing it ONLY against more “vulnerable” currencies…
Good NFP on Friday, great, but softer CPI today, not so great…
BeSomebodyFX
Long USDCNH up to 7.10000 zone… Not a popular FX pair, but it’s providing a clear opportunity for the upcoming months As the world grinds into a global recession, the Dollar should remain favorite against more vulnerable emerging markets currencies such…
Since many of you asked for an update on USDCNH, we are still long, use dips to your advantage and don’t micromanage, have a great weekend everybody
Short EURUSD to 0.99…
Energy prices in Europe still rising, recession risks lower in the US but not in Europe, gas supply situation still under threat.
We are short EURUSD already with the Private Network from 1.02500, targeting 0.99, trade accordingly there’s still plenty of room to target and opportunities to short on pullbacks
Energy prices in Europe still rising, recession risks lower in the US but not in Europe, gas supply situation still under threat.
We are short EURUSD already with the Private Network from 1.02500, targeting 0.99, trade accordingly there’s still plenty of room to target and opportunities to short on pullbacks
BeSomebodyFX
Long USDCNH up to 7.10000 zone… Not a popular FX pair, but it’s providing a clear opportunity for the upcoming months As the world grinds into a global recession, the Dollar should remain favorite against more vulnerable emerging markets currencies such…
USDCNH new yearly highs, we are still long…
BeSomebodyFX
Short EURUSD to 0.99… Energy prices in Europe still rising, recession risks lower in the US but not in Europe, gas supply situation still under threat. We are short EURUSD already with the Private Network from 1.02500, targeting 0.99, trade accordingly there’s…
EURUSD heading for new lows, we are still short, have a great weekend everybody
BeSomebodyFX
Short EURUSD to 0.99… Energy prices in Europe still rising, recession risks lower in the US but not in Europe, gas supply situation still under threat. We are short EURUSD already with the Private Network from 1.02500, targeting 0.99, trade accordingly there’s…
EURUSD shorts target at 0.99 reached…
Gas supplies remain under threat for Europe, and energy prices are still high and rising, context which inevitably weights on Europe’s growth and thus the EUR, and context matters
Gas supplies remain under threat for Europe, and energy prices are still high and rising, context which inevitably weights on Europe’s growth and thus the EUR, and context matters
With a bit of patience, on this pullback there will be another EURUSD short to take soon, not yet, but soon, have a great weekend everybody...
BeSomebodyFX
https://besomebodyfx.com/crypto-global-macro-q3-2022/
Time to re up this as your weekend read...
BeSomebodyFX
Long USDCNH up to 7.10000 zone… Not a popular FX pair, but it’s providing a clear opportunity for the upcoming months As the world grinds into a global recession, the Dollar should remain favorite against more vulnerable emerging markets currencies such…
We are still long USDCNH, about halfway to target, have a great weekend everybody
Short EURUSD to 0.97…
Looking for the ECB to hike 75bps tomorrow, but expecting any EUR strength on that to be faded quickly as large hikes into a recession don’t match well medium term
Also, QT in the US is ramping up to full size, and as a result, we expect EURUSD to gradually keep moving to 0.97, we are still short from higher levels with the Private Network and looking to target that 0.97 zone, position on pullbacks and hold patiently as the overnight swap is positive
Looking for the ECB to hike 75bps tomorrow, but expecting any EUR strength on that to be faded quickly as large hikes into a recession don’t match well medium term
Also, QT in the US is ramping up to full size, and as a result, we expect EURUSD to gradually keep moving to 0.97, we are still short from higher levels with the Private Network and looking to target that 0.97 zone, position on pullbacks and hold patiently as the overnight swap is positive
BeSomebodyFX
Short EURUSD to 0.97… Looking for the ECB to hike 75bps tomorrow, but expecting any EUR strength on that to be faded quickly as large hikes into a recession don’t match well medium term Also, QT in the US is ramping up to full size, and as a result, we expect…
Wrong on EURUSD after this break above 1.01, still macro bearish medium term so we will be looking for shorts again later on, but in the meantime it’s probably short term pullback time for the Dollar across the board
BeSomebodyFX
Long USDCNH up to 7.10000 zone… Not a popular FX pair, but it’s providing a clear opportunity for the upcoming months As the world grinds into a global recession, the Dollar should remain favorite against more vulnerable emerging markets currencies such…
We are taking profit on USDCNH longs on this pullback, keeping an eye on it because over the next couple of weeks it will likely provide another opportunity to position for a continuation higher, but in the meantime, profits taken
Short EURCHF into the SNB rate decision next week…
Looking for a bold move from the SNB next week on September 22, 75bps hike is likely but a larger 100bps can’t be ruled out as the SNB is actively encouraging a stronger CHF to counter imported inflation.
We are already short with the Private Network from 0.97 and we are looking to hold down to 0.94, use pullbacks to position accordingly, still plenty of room to catch the move
Looking for a bold move from the SNB next week on September 22, 75bps hike is likely but a larger 100bps can’t be ruled out as the SNB is actively encouraging a stronger CHF to counter imported inflation.
We are already short with the Private Network from 0.97 and we are looking to hold down to 0.94, use pullbacks to position accordingly, still plenty of room to catch the move
We spotted a few of the classic fake copycat channels impersonating us here on Telegram, working on getting them down quickly, if you find any let us know @JayRally so we can take action against it, have a great weekend everybody
BeSomebodyFX
Short EURCHF into the SNB rate decision next week… Looking for a bold move from the SNB next week on September 22, 75bps hike is likely but a larger 100bps can’t be ruled out as the SNB is actively encouraging a stronger CHF to counter imported inflation.…
SNB rate decision tomorrow, EURCHF heading for new lows, we are still short
BeSomebodyFX
Short EURCHF into the SNB rate decision next week… Looking for a bold move from the SNB next week on September 22, 75bps hike is likely but a larger 100bps can’t be ruled out as the SNB is actively encouraging a stronger CHF to counter imported inflation.…
Breakeven for us on EURCHF, pushed halfway to target leading up to the SNB as expectations for a large 100bps piled up but the SNB did not meet expectations this morning as it delivered “only” a 75bps hike, out at breakeven
BeSomebodyFX
Breakeven for us on EURCHF, pushed halfway to target leading up to the SNB as expectations for a large 100bps piled up but the SNB did not meet expectations this morning as it delivered “only” a 75bps hike, out at breakeven
Still thinking that EURCHF taps 0.94 sooner than later, macro context hasn’t changed so we may look to position short again on pullbacks, have a great weekend everybody
BeSomebodyFX
https://besomebodyfx.com/crypto-global-macro-q3-2022/
The next crypto update will be published with the start of the new Quarter this weekend, any particular questions that you want us to answer you can reach out @JayRally