After holding fire and allowing the market to realise no matter what the Fed says, we are not in interest rate USD benefit until the interest rates start to rise. The market won’t be fooled!!! Another fine AITradesFX got me in!
Month: January 2022
USDCHF Entry with a potential locked in with 6% running into FED Interest Rate Decision to remain at 0.25 will disappoint the market as it needs to go up. But tapering needs to happen more aggressively first!!
After 26 hours Exit GBPUSD at point of resistance taking 8.4% on account. London trades about to close and we have interest rate decision with Fed in a day’s time; markets will be volatile and possibly disappointed again that the FED should increase rates but they won’t!! AI Trades FX pics another winning trade cycle.
Opened GBPUSD after poor results from both UK & USD. Interest Retes decision in 2 days and this is a good spot to choose. Will take a 10% gain with a virtual drawdown of 900.
With the USD now back into favour after Bond yields for 10 & 2 year reach some new highs there is a risk off the dollar as the anticipated rate hikes are drawing investors back to the dollar. Be careful here as the target resistance next level is 1.185 it will be interesting to see […]