THE GBP: A WEEK AFTER CHEQUERS & A DAY AFTER THE TRUMP ROADSHOW I decided to focus on the GBP, because I …More>>
FXWW is a provider of professional services as well as being a network of professional traders in the interban …More>>
MOST RECENT ARTICLES
From the FXWW Chatroom – OVERNIGHT NZDUSD 6743-6805 NZDAUD 9180-9205 TODAY NZDUSD 6780-6820 NZDAUD 9170-9230 – A mixed but calm night for many asset classes with little on the data, trade or geo-political front to digest, while Powell’s testimony did not deliver anything ground breaking – The big dollar was mixed, gains came against a […]
Stocks had another positive session and in the medium term look set for further gains although the short term charts are hinting at the chance of a dip, providing a better level to get long. I suspect that we may have seen a near term low in Gold and Silver and we could be looking […]
From the FXWW Chatroom – I have been bullish USDCAD for a while now, but have not been really sticking my neck out with so much uncertainty. Trump being number one, NAFTA negotiations, Trudeau calling out Trump but backing the American People, The G7 slight to leave early to see North Korean leader Kim and […]
AUD/NZD getting ready to move. Serious pro traders mainly bearish. RBNZ and RBA somewhat divergent. Mkt positioning shows stale longs. Gather some momentum for long-awaited 1.00 test?
After a soft start, the US$ is generally a stronger today and it seems that this could continue again today, with US$Jpy looking positive on all time frames although strong resistance lies ahead at 113.20 (200 WMA). Politics looks set to weigh on Cable although we need to see a weekly close below 1.3050 (100 […]
From the FXWW Chatroom – OVERNIGHT NZDUSD 6769-6839 NZDAUD 9177-9207 TODAY NZDUSD 6760-6810 NZDAUD 9160-9210– The stronger local inflation pulse gave NZD a boost yesterday, but a stronger US Dollar and choppy price action quickly reversed those fortunes – The kiwi remains in a higher range against the majority of other crosses as a short […]
In my experience, Retail Traders really complicate their lives. The most common issues Sam & I continue to notice in 2018 are the same as they were in 2017, 2016, and earlier: fading trends instead of trading trends giving too much weight to technical indicators without due appreciation for market dynamics ignoring market drivers that […]
Chinese stocks slide as growth concerns mount amid trade war Fed’s Powell to deliver semiannual Monetary Policy Report Asian equities were mixed Tuesday as investors assess whether corporate earnings can deliver on high expectations against a backdrop of trade tensions. Treasuries and the dollar were steady ahead of testimony from Federal Reserve Chairman Jerome Powell. […]
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