After Powell speech, he is still very hawkish and mentionned that if labor keep tightening, he will continue to increase rates.
Also ECB will continue to raise rate by 50bps at its next meeting.
Technically, a higher low formed after the NFP pump last week so im entering long. And we still have big imbalance.
I chose EURJPY over USDJPY because I have preferences for this pair and it's for maybe more volatile.
Also ECB will continue to raise rate by 50bps at its next meeting.
Technically, a higher low formed after the NFP pump last week so im entering long. And we still have big imbalance.
I chose EURJPY over USDJPY because I have preferences for this pair and it's for maybe more volatile.
Trade closed: stop reached:
a lot of volatility this morning, I don't know why
Comment:
"Japan government reportedly likely to nominate Kazuo Ueda as new BOJ governor"