Trading Room

Forex Trading Room on June 21 – 25, 2021 – The consequences of high impact news

June 21, 2021 | 2:41 pm | The 5%ers' Blog > Trading Room
June 21, 2021 | 2:41 pm
The 5%ers' Blog > Trading Room
Forex Trading Room on June 21 – 25, 2021 - The consequences of high impact news

Forex Trading Room on June 21 – 25, 2021 – The consequences of the high-impact (interest rate update) news released Thursday on the USD and the JPY.

The trading rooms are the opportunity to trade together with our traders!
The rooms are available live three times a week for our traders, both PM and during the level 1 process.

In the trading rooms, we will all interact, scan and analyze the markets, trade, ask questions to each other, share market visions and trading opportunities.

In today’s trading room, we analyzed the charts for the upcoming week. We start with the higher time frames and then check the lower time frames to look for intraday opportunities.

We discussed the consequences of the high-impact (interest rate update) news released Thursday on the USD and the JPY.

The week started with a small retracement, but we highlighted that the pressure of the range breakout is still valid for a stronger USD and JPY.

We also took a short swing trade on the EURCHF, on a descending channel. Wait and see.

 

 

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