Tag Archives: AUD/JPY
A.M. Look 4/22/13
30 yr. Bonds…a close above 148.10 is needed for any attempt higher. 147.12 is Point & Figure support. Spu’s…1563 +- a couple is the qtrly pivot and short-term resistance. Nasd 100…2793 is the near resistance. 2800-10 remains our macro qtrly … Continue reading
A.M. Look 4/19/13
Vix…1820 is weekly resistance. 1542 is the 200 day and should bounce. 1462 is the lowest risk buy zone ( where you can sell the Spu’s the first time down) and make money. Spu’s…buy stops are 1553.50 leading to 1558-62 … Continue reading
A.M. Look 4/18/21
Oil…May (K) expires Monday, June (M) will be come the new front month. The June’s are trading app 30 cents over the May. AUD/JPY…needs a close under 99.85 for Risk Off and over 102.10 for Risk On. General Comments or … Continue reading
A.M. Look 4/17/13
Gold…needs to go 1365 sellers to go to the mid 1340’s. Resistance and the short term upside pivot remains at yesterday’s resistance of 1400. EURO…131.35 is the monthly ORH # , which makes it a pivotal level for the next … Continue reading
A.M. Look 4/15/13
Gold…has hit our downside extreme just shy of 1380. Silver…22.65-75 is a 12 year retrace level that can bounce, however the better level to buy Silver is around 21.50. USD/JPY…97.50 is first dollar support ( app 102.45 ish in the … Continue reading
A.M. Look 4/11/13
Oil…needs a close over 95.00 for another leg up. Pattern breakdown starts to occur under 93.50. Look for this to move in 75-80 tick increments. Leave the trailing stop on our remaining longs @ 93.20. AUD/JPY…macro buy stops from 2007 … Continue reading
While I have Some Power
Use a break even stop on your Bonds. Oil Traders…This isn’t following through and is stuck in a one dollar range. Use a 92.80 stop on any Longs. AUD/JPY…The point & figure shows a small double top at today’s high. … Continue reading
A.M. Look 4/5/13
EUR/JPY…there are resting but stops @ 126.07. 123.89 becomes the weekly hold level on any retrace. AUD/JPY…shows the same pattern with 99.44-60 being the key hold level. CAD/JPY…97.00 is resistance and the next closing hurdle for higher. GBP/JPY…do not fade … Continue reading
A.M. Look 4/4/13
Spu’s.. call me a reluctant Bear, we have to go 1544 sellers to break. 30 yr Bond…P&F resistance started at 145.22 yesterday which gave us initial price rejection, however we’re only concerned with the bigger macro areas which we laid … Continue reading
A.M. Look 4/3/13
Spu’s…have to sustain under yesterday’s low of 1559.50 for any downside to materialize. Euro…sell stops are 127.52 which can lead to a test of 126.70. GBP/USD…Cable has the ability to take a look at 150.00-25 30 yr. Bonds…144.07-09 is near … Continue reading