Tag Archives: AUD/JPY
A.M. Look 10/15/12
Spu’s & Nasd…are both at short term resistance. The low 30’s in both should be problematic. AUD/JPY…80.65-70 is resistance EUR/JPY…102.12 is resistance Soybeans…our original statements from last month still hold in the Beans. Our full downside swing count for this … Continue reading
A.M. Look 10/8/12
Nasd 100…2765-68 is first support. USD/JPY…77.65 app 128.80 futures is resistance in the Yen. EUR/JPY…all new price action under 100.90 will be needed for more Yen strength and Euro weakness. Euro…needs all new closing weakness under 129.25 for a run … Continue reading
A.M. Look 9/28/12
Euro…129.59 is unchanged on the year. Presently it’s struggling. 30 Yr….150.16 is unchanged on the month. General Comments… I’m not remotely interested in anything that happens today. It’s all about the closes! Qtr end markings are not a game we’re … Continue reading
A.M. Look 9/27/12
Metals…Yesterday’s lows in the Gold, Silver & GDX should be used for short term money management on Long positions. Miners… BHP…66.81 was the 2/3rds coming back on the month. This needs to bounce from this level or lower levels will … Continue reading
A.M. Look 9/25/12
Gold…there are resting sell stops starting below 1757 with more under 1750. There are resting buy stops above 1800. Silver…35.25 is the upside closing break out. There should be small sell stops below yesterday’s low. GDX…the miners don’t act particularly … Continue reading
A.M. look 9/24/12
Euro…128.28 is the 200 day mvg avg. AUD/USD…103.78 followed by 103.40 is the near term support 30 yr. Bonds…148.16 resistance Oil… 91.44 close is the downside pivot General Comments… We’ve seen a small sell off in risk assets, coupled with … Continue reading