Tag Archives: AUD/JPY

A.M. Look 9/4/13

FX…   AUD/USD…could get as high as 92.30’s. AUD/JPY…92.15 is weekly resistance EUR/AUD…143.11 would be an extreme low today.   General Comments or Valuable Insight  The Aussie and the commensurate crosses are what’s in play today.  EUR/AUD could eventually work … Continue reading

A.M. Look 9/3/13

Stocks.. Spu’s…needs over 1654 resistance to confirm higher. DAX…8270 is resistance and the upside pivot. Euro Stoxx 50…2790 is resistance and the upside pivot. Nikkei…14.170 is resistance and the closing upside pivot. Bonds… 30 yr…is caught between 132.15 & 131.22. … Continue reading

A.M. Look 8/27/13

Stocks.. Nasd 100…3085 needs to hold on a closing basis. JJG…49.90 is resistance with all new closing strength needed over 50.20 for more up. Bonds… 30 yr.…132.25 is resistance and should reject the first time up. 133.25-30 is the lowest … Continue reading

Midday Missive

Emerging market currencies… The Mexican Peso, Brazilian Real and the Indian Rupee are all extremely oversold. This leads us to their respective Stock etf’s which look to be good candidates for an oversold bounce as well. Pay attention to the … Continue reading

A.M. Look 8/19/13

Stocks.. Spu’s…Sustained price action over 1655.75 is needed for any upside to materialize. Nasd 100…technically looks more vulnerable if the rallies fail at  3090. Bonds… 30 yr. Bonds…129.11 +- a few ticks is where any shorts should look to cover … Continue reading

Midday Missive

NEM…put in a terrific low today on a very long time frame chart. We’ll look to buy it tomorrow or on a small pullback against today’s low which is also a double bottom on a monthly chart. BHP…has broken out … Continue reading

A.M. Look 8/8/13

Stocks.. U.S. Indces…yesterday’s Mid-Week low should hold the rest of the week. TSLA…145-146 becomes support. Bonds… FX… AUD/JPY….held support yesterday. This is in a corrective profit taking phase that could reach 88.70 AUD/CAD…95.05 is resistance and the closing upside pivot. … Continue reading

A.M. Look 8/7/13

Stocks.. Dax…put in an ORL day yesterday, as well as closing below the 18 day mvg avg. You would expect downside follow through early. Time will tell if the pattern is going to follow through to the downside. EWW…69.50-55 is … Continue reading

A.M. look 8/2/13

Stocks.. Spu’s…the tgt for this short swing has not changed, it’s 1717. Nasd 100… individual names is where to look for opportunity. Before this rally is over a test of 3320 is possible. EWW… Mexico put in an ORH daily … Continue reading

A.M. Look 7/29/13

Stocks.. Line…Linn Energy… Those of you that outright bought the stock should be using a 26.70 stop on close. This has yet to break out to the upside. The daily chart turns up with a good close over 27.60 and … Continue reading