BeSomebodyFX
Lots of FED speakers scheduled this week so we listen closely, will share if we see anything worth mentioning
Bits of hawkish hints from FED speakers so far, nothing too hawkish but there is openness to another rate hike if needed, plenty more still scheduled to speak tho with Powell on Friday too.
So keeping an eye across the board for the next short term opportunity to take, right now we are just holding some longer term USD longs
So keeping an eye across the board for the next short term opportunity to take, right now we are just holding some longer term USD longs
BeSomebodyFX
Still looking for that 1.0830 as target, also should see some momentum when 1.09 breaks
Move pretty much done on EURUSD, short term technically looks ready for a pullback but longer term fundamentally keep in mind we should continue to look for further USD strength
Powell today, we listen for whether he leans towards the possibility of another rate hike or not, that will set the sentiment to drive the next Dollar move
BeSomebodyFX
Powell today, we listen for whether he leans towards the possibility of another rate hike or not, that will set the sentiment to drive the next Dollar move
Nothing really actionable from Powell, have a great weekend everybody
Potentially looking for some short term Dollar shorts over the next couple of days, nothing solid yet tho, will share a chart with more details when we see a setup
BeSomebodyFX
Potentially looking for some short term Dollar shorts over the next couple of days, nothing solid yet tho, will share a chart with more details when we see a setup
Still NO trigger, we would like to see EURUSD get above 1.08 to make a long technically interesting, while fundamentally watching the FOMC minutes coming up later and then the PCE on Friday
BeSomebodyFX
We are short EURGBP, fundamentally looking for this chop to resolve to the downside towards 0.86 while technically we like the little fakeout of the trendline with the two previous highs taken out too
We just took the EURGBP shorts out here around breakeven, fundamentally still very much valid but technically looks like it wants to run the highs at 0.8710 again, so we will be looking for another short entry next week at a better level
Alright, June is about to start and we just opened a few extra seats to join the Private Network right now…
Simply, If you like what we do here but want to follow more of our trades with EXACT entry and exit details, if you are serious about your trading, and if you want to be around professional traders to stay disciplined and consistent, then the Private Network is the place to be.
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Text "I WANT TO JOIN" @JayRally now to claim a seat right away, 4 available of which 1 already booked, NO more seats until August
Simply, If you like what we do here but want to follow more of our trades with EXACT entry and exit details, if you are serious about your trading, and if you want to be around professional traders to stay disciplined and consistent, then the Private Network is the place to be.
Here is what traders say about us:
https://www.trustpilot.com/review/besomebodyfx.com
And yes, we send you our EXACT trade details so you can follow the exact trades we take.
Text "I WANT TO JOIN" @JayRally now to claim a seat right away, 4 available of which 1 already booked, NO more seats until August
BeSomebodyFX
Alright, June is about to start and we just opened a few extra seats to join the Private Network right now… Simply, If you like what we do here but want to follow more of our trades with EXACT entry and exit details, if you are serious about your trading…
Thank you for all the interest and all the positive responses that we receive every time, all the extra seats have been filled over the weekend...
Now keep an eye out for some good trades this week, we are currently watching for the next trigger to short EURGBP again, will share the chart with more details when we see the right setup to get into the trade
Now keep an eye out for some good trades this week, we are currently watching for the next trigger to short EURGBP again, will share the chart with more details when we see the right setup to get into the trade
BeSomebodyFX
We are short EURGBP, fundamentally looking for this chop to resolve to the downside towards 0.86 while technically we like the little fakeout of the trendline with the two previous highs taken out too
Still expecting EURGBP to hit that full 0.86 targeted liquidity tho we are not positioned on it right now and we can't chase it here so now watching for the next macro opportunity already…
Thinking we might get something with the Dollar around the NFP on Friday
Thinking we might get something with the Dollar around the NFP on Friday
BeSomebodyFX
Still expecting EURGBP to hit that full 0.86 targeted liquidity tho we are not positioned on it right now and we can't chase it here so now watching for the next macro opportunity already… Thinking we might get something with the Dollar around the NFP on…
Just to give you a bit more fundamental context...
Inflation in the EU this morning has been printing soft across the board, completely the opposite of what's going on in the UK where inflation surprised to the upside.
So that keeps EURGBP fundamentally bearish biased as the BoE likely needs to do more work raising rates than the ECB, thus 0.86 approaching
Inflation in the EU this morning has been printing soft across the board, completely the opposite of what's going on in the UK where inflation surprised to the upside.
So that keeps EURGBP fundamentally bearish biased as the BoE likely needs to do more work raising rates than the ECB, thus 0.86 approaching
Nothing actionable with the NFP today but thinking some USD longs are shaping up for next week, will send a chart and more details when we see some confirmations, have a great weekend everybody