SPU/BOND…spread is dead on the 18 day mvg avg. 30 yr. Bonds…144.07-09 is near term support. A close below 143.20 is needed to get something going on the downside. A close over 145.07-10 is needed for higher. Bunds…need a close … Continue reading
Whitewave will be closed in observance of Passover Tuesday & Wednesday, Coupled with the unexpected loss of a family member yesterday, will publish our next update on April 1. To those of you who have recently started following us, this … Continue reading
Nikkei…from the 2007 high to the 2009 low, this is up 50%. We caution investors to not buy strength until you see a couple of closes over 12700. Confirmation of another leg up is needed with sustained action over this … Continue reading
Oil…needs to maintain over 93 for a re-test of 94. Resting sell stops remain @ 91.70. USD/JPY…95.05 will act act a pivot. Price action around that level will dictate how the crosses trade. Euro…130.00-20 is resistance and the closing upside … Continue reading
Spu’s…these need to go 1554 bid and close over 1563 for higher. Sustaining under 1543 can see a break to test the lows of Sunday night (1529-31). Oil…94.00 +- 10 cents is current resistance and the short term upside pivot … Continue reading
Spu’s…1529.00-31 is support. Recovery over 1547.25 is needed for higher. Spu/Bonds…hit it’s support last night as well. EURO and it’s crosses have all hit big technical support @ last night’s lows.This includes EUR/JPY,AUD/JPY,EUR/GBP,EUR/AUD. USD/JPY…held a big retrace level last night … Continue reading
Short to medium term traders can Buy the Aussie with a stop against today’s low. As long as AUD/JPY remains above 98.75 this should be a cheap look.
Euro…130.60 +- 10 pips is resistance. This could squeeze up close to 131 with out breaking out of it’s current formation. GBP/USD…151.00 is the short term pivot for Sterling. 151.66 is next resistance. USD/JPY…is caught between 95.70-75 and 96.50. Sustained … Continue reading
AUD/USD…is the feature today. Closing resistance is 103.85-104. AUD/JPY…has reached parity @ 100. This needs to back and fill from this level. the bigger macro resistance level is 101.80-90. EUR/AUD…the mid 124’s will be tough to trade. This looks like … Continue reading
AUD/JPY…shows a double top on the P&F @ 99.50. 98 +– a few seems to be the next descent level of interest. FBTPM…Italian 10 yr…shows initial support @ 108.40. 30 yr. small buy stops are 143.16. The lowest risk sell … Continue reading