Tag Archives: AUD/JPY
USD/JPY….CAD/JPY…YEN
78.30 was last months Dollar High in the Yen. This equates to a 127.79 (H) Futures low. A close above this area in USD/JPY ( below in the Futures) will set the Yen crosses on fire! 78.39 is the 200 … Continue reading
A.M. Look 2/9/12
The short term technical trades continue. Sector rotation remains violent intra day, with the Stock Indices continuing to creep up. 30 yr. Bonds…probed the lows of the recent range last night. Any sell off in the equities would see this … Continue reading
A.M. Look 2/8/12
Early yesterday when the Spu’s showed weakness the AUD/JPY did not. AUD/JPY…( Long Aussie/Short Yen) remains a leading risk on indicator. 84.00-84.12 is the next short term resistance level. DAX….shows no significant resistance until 70000 Copper…there are resting stops above … Continue reading
A.M. Look 2/7/12
Point & Figure Patterns this A.M. shows a double top in the SPU’s @ 1342.50 and the Brent OIL @ 116.70. Long Brent/Short WTI is the feature in the Oil Mkt. Spu’s…is all about where and how they hold breaks today into … Continue reading
Yen Crosses…Precious Metals…TLT
The currency trade is all about the yen crosses.. AUD/JPY & CAD/JPY…look to buy as part of a Risk on bias on any 8-10 handle pull back in the Spu’s…. EURO/GOLD is starting to move…short Euro/Long Gold.. Longer term Holders … Continue reading
Position Update…General Comments
Many of you have lightened up your exposure. TLT…Longs were originally paid for by selling partial positions just over 120 on Monday. We’ll adjust the stop on the remainder in the A.M. MCP…You should have no position left. We originally … Continue reading
AUD/JPY…Pattern Alert
Risk On Barometer 81.80 was last weeks close. A close today over 81.60 puts in an ORH day. This would be a price positive pattern..
A.M. Look 1/25/12
The levels we’ve been using this week have not changed. Currencies…it’s the Yen crosses which have been the feature. EUR/JPY, AUD/JPY looking a little tired on the daily charts. Bunds…show a double bottom on the daily @ 137.18. OIL…98.15 is … Continue reading
A.M. Look 1/23/12
The moves over the past couple of trading days have been run off SPU/BONDS and DAX/BUND. The sell off in the Bond markets have been keeping the equities buoyant. Watch the price action in the Bond markets for clues to … Continue reading
Yen Crosses
They are in play…should have read Yra Harris ( http://Yrah53.wordpress.com) with both eyes open last night! EUR.JPY is attempting an ORH week with a close tomorrow over 98.85 GBP/JPY …a reversal higher week AUD/JPY…this looks good as well with 80.56 … Continue reading