Cable: Reducing my position ahead of the Fed


This pair can now rally 300 pips straight north as I'm booking 1/2 my profit at 1.5910. I simply…

USD/JPY: I’m staying cautiously bearish


Latest rebound stalling at a 61.8% rebound level (see chart); Taper already written into market…

AUD/USD outlook: Disappointed bears forced to run for cover


Fed tapering is theoretically bullish for the USD and bearish for risk trades, in other words 100%…

Asian market open


FXWW Asia Open Briefing 18-09-2013 The stronger NZD is the most noticeable change overnight but…

USD/JPY Techs: Bears can sell near 99.40 with tight-ish stop


(See chart). I really like the risk-reward possibilities on this trade. Trend-line and Fibo…

AUD slightly lower after RBA minutes


http://www.rba.gov.au/monetary-policy/rba-board-minutes/2013/03092013.html AUD/USD is back below…

Asian market open, Tuesday September 17th


FXWW Asia Open Briefing 17-09-2013 I'm not sure what to make of the moves overnight, plenty of…

European FX market open, Monday September 16th


FXWW European Open Briefing 16-09-2013 The USD isn't showing any signs of a bounce just yet but I…

Lack of bounce in USD will be worrying dollar bulls


We saw a somewhat 'silly' and overdone sell-off in the USD earlier this morning on the back of news…

AUD/USD: Traded to .9390 in illiquid stop-driven markets


This morning's price action is all about stop-loss orders. USD/JPY took out stops below 98.80 and…

Asian market open, Monday September 16th


FXWW Asia Open Briefing 16-09-2013 Talk that Summers has withdrawn from race for Fed Chair has…

FX market grinding to a slow halt for the week


Cable bids reported from Asian Sovereign names near 1.5770 and leveraged sellers seen 1.5820/25 in…

Taper or not, I’m not expecting a large USD rally


Economics and fundamentals aside, and purely looking at price action in the majors over the last…

Cable: Consolidating and looking constructive


The sight of Asian Sovereign funds buying dips overnight will give us bulls added confidence; Bids…

Asian market open, Friday September 13th


FXWW Asia Open Briefing 13-09-2013 USD/JPY was stuck like glue to 99.50 with some big options…

Latest from the chat-room


Sean Lee FXWW 2:59:55 pm[Screenshot0] | [DesktopObject0] AUD/NZD bears certainly getting brazen…

Look to sell AUD crosses in short-term


The underlying economic story for the AUD remains questionable and this morning's jobs data…

Still prefer to stick with bearish USD play


Some of the levels are getting a bit trickier for instance in USD/JPY and AUD/USD, where it's hard…