BeSomebodyFX

2022-04-14 16:03:18 Quick stop on USDCAD as it stretched through our buying zone, looks like a temporary technical squeeze and we are still looking for USD longs into the May 4 FOMC, so we will be keeping an eye on higher timeframe price action to give us the green light to enter long again Open / Comment

2022-04-13 17:28:48 Targeting 1.27800 on USDCAD…

It’s gradually approaching the time to start buying USDs into the May 4 FOMC, USDCAD longs in one of our candidates, see chart above for technical details Open / Comment

2022-04-08 17:50:56 https://besomebodyfx.com/crypto-global-macro-q2-2022/ Open / Comment

2022-04-07 11:01:57 A few short term technicals we are watching on the Dollar, scenario NOT active yet but we would be interested in shorts purely from a seasonal point of view as Dollar weakness in mid April is a consistent seasonal theme, see chart for technical details

AND remember it’s just a short term theme for the next couple of weeks, in May we will have one of the most hawkish FOMC in a while with a 50bps hike and QT announcement and we certainly don’t want to be short USDs into that Open / Comment

2022-04-05 16:01:09 https://besomebodyfx.com/crypto-global-macro-q2-2022/ Open / Comment

2022-04-01 16:14:21 EURUSD remains driven by geopolitical headlines, chop between “deal” and “no deal” with threats along the way from leaders is a regular activity at every negotiation table, beware of the chop

The 1.12700 level remains our target IF (pay attention to the IF) a truce gets agreed, there’s some ground for optimism but more progress is needed, have a great weekend everybody Open / Comment

2022-03-29 16:26:16 Seeing and hearing some tangible progress in the ceasefire talks in Ukraine, geopolitical situation deescalating, peace talks doing some progress which is great to hear, that flips the EURUSD situation completely We took a loss on some shorts earlier today… Open / Comment

2022-03-29 15:30:46 Seeing and hearing some tangible progress in the ceasefire talks in Ukraine, geopolitical situation deescalating, peace talks doing some progress which is great to hear, that flips the EURUSD situation completely

We took a loss on some shorts earlier today, and we may shift bullish if the negotiations talks continue to show (tangible and meaningful) progress, this is why we stress that flexibility is important in these rapidly evolving environments, if the macro narrative changes, don’t fight it, adapt Open / Comment

2022-03-25 17:17:13 Update on EURUSD, just a very subtle push lower this week, certainly lacking momentum but we continue to keep an eye on it as we are still macro bearish, have a great weekend everybody Open / Comment

2022-03-23 12:16:46 EURUSD chart slowly developing, but we would want to see more momentum from bears before we can sit confidently on shorts Open / Comment