Tag Archives: AUD/JPY
A.M. Look 11/14/14
Stocks… ORCL…put in an ORH day. Buy early weakness against 40.45 with a stop below 39.95 close. This is a good candidate for an opening range trade today. If this holds and starts up after the opening you can buy … Continue reading
A.M. Look 11/13/14
Stocks… Nasd 100…I’m looking for an eventual 4400. Spu’s..2060 is the next level technicians are targeting. Bonds … 30 Yr. Futures… 142.10 is weekly resistance and the closing upside pivot. FX… AUD/USD… 87.35-50 is closing resistance that has to be … Continue reading
A.M. Look 11/11/14
Stocks… Spu’s…need a close under 2020 to see profit taking hit the Equity Indices in the U.S. Nasd 100…keeps putting in higher daily lows, a bullish formation.Only a close under 4142 could change the short term sentiment, although I doubt … Continue reading
A.M. Look 11/7/14
Stocks… Spu’s… could go as low as 2009-12 without doing any pattern damage on a disappointing payrolls #. DAX…9310 is today’s 50 DMA XLY…Consumer Discretionary will get up and go over 68.10. Both XLE & DIG look good to me … Continue reading
A.M. Look 11/5/14
Stocks… DAX…91.60 is this weeks support and the downside closing momentum level. Sustained price action and a close above 93.65 should be considered an upside break out. Nasd 100… 4100-20 is support and the closing downside pivot zone.. Nikkei…could retrace … Continue reading
A.M. Look 10/24/14
Stocks… Spu’s…got to resistance @ 1956 with a good reaction off the level. Point & Figure chart shows Bears need to see sustained price action under 1928-30 for lower. Nasd 100…shows small support @ 3962 with sell stops @ 1339.50. … Continue reading
Currrencies
AUD/JPY…94.85 is today’s momentum level just above the 200 DMA @ 94.63. All new price action is needed above this level for follow through in the cross. This seems to be matching up with 1941 in the Spu’s. EURO…weekly breakdown … Continue reading
A.M. Look 10/17/14
Stocks… NASD 100…there is room up to 3850 to rally as long as it holds a retest back to the 200 DMA @ 3770 Spu’s…resistance 1891, 1904,1917. These were the support levels coming down which are now resistance. Last … Continue reading
A.M. look 9/10/14
Stocks… Nasd 100…sustained price action over 4085 negates yesterday’s chart pattern. It will take price action under 4050 to test 3990-4001 Fib support. Spu’s…do not have the same chart pattern as NASDAQ. Price action under 1980 is needed to test … Continue reading
Currencies
AUD/USD…91.82 is the 200DMA support level. Currencies traders should look to play this via one of the crosses AUD/JPY & EUR/AUD