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

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

SNB rate decision tomorrow, EURCHF heading for new lows, we are still short

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

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

We will be using this Dollar pullback to position short EURUSD ideally around 0.9980 to target 0.95

Technical structure is on point with strong resistance right around 0.9980 while fundamentals still favor medium term Dollar strength, and when technicals and fundamentals align, there’s a trade to take

New crypto update published for the new quarter to keep you in the right direction with the correct macro context, you can reach out @JayRally for any question, have a great weekend everybody

Above 0.97 and possibly near 0.9750 is where we are interested in positioning short EURCHF again, still looking for a continuation lower towards 0.94 over the medium term thus moves above 0.97 offer a good opportunity to position short

We are already short EURCHF with the Private Network from 0.9760, looking to target 0.94 and lower

Breakeven on EURCHF shorts, still bearish tho so looking to position again later on

Meanwhile use pullbacks above 0.98 to add or to get short EURUSD if you haven’t already, we will

We target 0.94 on EURUSD

A bit of a squeeze in EURUSD back toward parity, if it trades above it we will be out of the EUR shorts

Patiently waiting to use this other Dollar pullback to get short EURUSD from better levels around 1.02...

We are looking to get long at support for a short term run up to 4000...

Markets are pricing a dovish pivot from the FED, arguably on a wrong basis, but that’s the current sentiment and we can ride it heading into next week’s FOMC

S&P500 so far, keep in mind you want to be flat or at least with stop loss at breakeven before today’s FOMC, expecting volatility both ways before a clear direction is taken

Slower rate hikes but higher peak fund rate is the main takeaway from Powell’s presser yesterday, and that keeps us looking for Dollars longs going forward…

Think about the context, US real yields are pushing up, interest rate differentials are moving in favor of the Dollar, the FED is better positioned to keep raising rates longer than anyone else, and the Dollar offers a good carry plus risk protection against risk off conditions.

In other words, we are looking to position short EURUSD on pullbacks, target still down to that 0.95

We start shorting EURUSD from current levels, a little higher than previously planned as volatility has been pretty high, exact trade details shared with the Private Network members as always