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Goldman Sachs Spot Desk Strategies

POSITIONING => We entered a new short AUDUSD while we reduced our USDJPY long, which overall maintains our USD long bias across the G10 spectrum namely vs EUR, JPY, GBP and AUD. {EU} Short EURUSD => We remain short cash and maintain our downside option with ECB 4th Dec our target. Levels for today’s session: […]


Career objectives for retail traders by Sean Lee

The retail FX industry continues to grow and the career opportunities for passionate and talented traders are certainly plentiful. Last year’s lull seems to have weeded out many of the less-competitive market participants leaving us with a much stronger base. This is badly needed, as we know that the next generation of traders, market-makers, commentators, […]


Oil prices approach fresh multi-year lows pre-OPEC by Milan Cutkovic

Comments from OPEC members suggests that there might be no cut in Oil production or only a small one Some members like Iran, Russia and Venezuela who all suffer from declining Oil prices announced “monitoring” of market developments, but didn’t give any hint of an actual output cut WTI has bounced off the earlier November […]


AUDUSD: Stops done below major 50 Fibo, lower prices to come? by Reece Marini

AUDUSD Weekly The Aussie continues to trade with a heavy tone with a number of stops taken out below the major 50 fib at 0.85400, the next support level is not until 0.80500/0.80000 so there is still plenty of room for the Aussie to continue to fall coming into years end. AUDUSD M15 The Elliott […]


AUD/NZD breaks below 200 DMA; stops triggered by Milan Cutkovic

AUD/NZD broke beneath the 200 DMA at 1.0912 Dealers report massive stops have been triggered sub-1.09 Selling led by leveraged funds Not much support seen now until 1.0770/80 The post AUD/NZD breaks below 200 DMA; stops triggered appeared first on www.forextell.com.


Goldman Sachs Spot Desk Strategies

POSITIONING => Our positioning remains USD long against the G10 spectrum, namely vs EUR, JPY and GBP. {EU} Short EURUSD => We remain short cash and maintain our downside option with ECB 4th Dec our target. Levels for today’s session: Support at 1.2402 (yesterday’s low) with resistance at 1.2480, above which we keep our current […]


Todays FX updates via the FXWW Chatroom

Following David Woo’s highest conviction view for 2015 that AUD shorts are the best vehicle to express USD strength, BofAML FX trading retain their bearish conviction during today’s session after fresh lows for the year printed and we closed below 0.8600 for the first time in 4 years.  Whilst RBA Deputy Governor Lowe added more fuel […]


Session Data for Wed Nov 26 (GMT-5:00 ET)



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