Tag Archives: AUD/JPY
A.M. Look 7/3/12
Oil…as long as 82 holds on the breaks we’ll see the upper tgt’s of 88-90. Look to the names to play. Sugar…as long as 21.04 holds this is going higher. Buy the breaks against this level. Soybeans…look for the Nov. … Continue reading
A.M. Look 7/2/12
Full Moon Trading…. July Soybeans…expire today. November (X) is now the most active future. Spu’s…need all new closing price action over 1362 for more upside. AUD/JPY…82.50 is a significant resistance level in this cross. Resting stops are just above 83.30. … Continue reading
A.M. Look 6/29/12
DE…a close over 78 puts in an ORH week CVX…104.65 for an ORH week Oil… 80.80-95 is resistance with buy stops above, with 82 ish being the next closing hurdle. Euro..126.20-30 is pivotal. CAD/JPY…put in a double bottom @ 76.60. … Continue reading
A.M. Look 6/28/12
USD/JPY…79.22 ( app 126.40 Futures) will be the key to the yen crosses this A.M. Euro…only recovery back over 125.25 would show any type of bottoming action. Natgas…sustained price action under 2.74 will lead to profit taking General Comments… GDP … Continue reading
A.M. Look 6/27/12
USD/JPY…As shown on the point & figure is coming into Yen resistance ( App 126.30 ish in the Futures) AUD/JPY…80.15 will be pivotal for general market tone. Maintaining above ( it’s Risk ON). Oil…as previously stated 6/25/12, has a trad-able … Continue reading
A.M. Look 6/26/12
AUD/JPY…80.15 remains pivotal General Comments… There is nothing that jumps out at me to hang my hat on one way or the other. You’ll likely see some 2 way posturing today into tomorrow before the E.U. meeting and month end. … Continue reading
A.M. Look 6/25/12
Oil …sustained price action over 81 is needs for a meaningful rally. USD/JPY…has a weekly double bottom in @ 80.63. App ( 12409-16 Futures)….Point & Figure support is app 79.62 USD/JPY ( 125.73 Resistance Futures) EUR/USD….is into Point & Figure … Continue reading
A.M. Look 6/21/12
Spu’s…1341 then comes the trend line support and fibs @ the 1329-32.75 level drawn from the 1262 low. All new strength over 1358-62 is needed for more upside, Oil…the 78 handle in the oil as shown on the chart is … Continue reading
AUDUSD | Trade Alert!!
We’re Buying 70% our AUD/USD shorts back @ the market. We’ll leave a trailing stop just above today’s high on the remainder. I’m taking the risk off the board to see how things settle out. It’s not showing me any … Continue reading
A.M. Look 6/18/12
Currency Futures expiration @ 9:15 CDT….Canada Tuesday ….Bond Futures Wed. Spu’s…1349-52 is Fib resistance and a possible weekly double top area. 1333 is the pivot. Nasd…2571 is a fib match with the 100 day mvg avg. 2610 is the 50 … Continue reading