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TheWolf commented May 17, 2022Fed Chair Powell Speaks today, will wait for what he has to say before I start trading USD again since it can go either way.
Bullard: Fed not as far behind curve judged by market pricing
- TheWolf commented May 16, 2022
This is the most probable outcome, however still expect some kind of pull back to 131 to get some SL's out before dropping the price way down to 1.25. If not then we could see drop first then bigger retracement to perhaps 61.8 Fibonacci after which ...
Can the JPY strengthen now?
- TheWolf replied May 16, 2022
Failed to get the confirmation to go short, shall wait until CPI until Wednesday to see if down-trend will continue.
EUR/CAD
- TheWolf replied May 16, 2022
Expecting the Cable to range until Fed as it likes to do before Fed. Suggesting you to save money and wait until Fed and probably get on train even after CPI news on Wednesday. Out of trade at least until Fed, probably even not trade until CPI on ...
Cable Update (GBPUSD)
- TheWolf commented May 16, 2022
I agree with you, also expecting the GBP/USD to get to 1.20 and then a possible reversal. June will be an insane month full of news. Expecting range these two days until Fed. Also expect Fed to bring USD down a little bit (EUR/USD getting to 1.05 ...
ECB’s Villeroy Says on Monetary Policy Expect a Decisive June Meeting and an Active Summer
- TheWolf replied May 14, 2022
Source: forexclientsentiment.com Yet again, just based on this I will be going short. Update for this week:
Cable Update (GBPUSD)
- TheWolf replied May 8, 2022
Something to think about. Will wait first for the price to reach the 1. RL at 1.2381. I will go short once it reaches 1.2381 and go short again if the price reaches the 2. RL at 1.2468. Both with TP on 1.2150 and SL at 1.2500.
Cable Update (GBPUSD)
- TheWolf replied May 7, 2022
Hello!! 1. RL 1.2381 2. RL 1.2468 1. SL 1.2301 2. SL 1.2277
Cable Update (GBPUSD)