Daily Market Intelligence 7-27-17
AUD/USD…Aussie’s 10 day 500 point rally is waning. A cash close today below 79.08 would have me looking for a corrective phase back to just below 78.00. AUD/JPY…a close below 88.59 would corroborate that move. EUR/AUD…is oversold and is … Continue reading
Euro currently is respecting 114.50. I’ll need to see another close over the level to confirm more upside. Aussie & Kiwi reacted well to Chinese Data last night keeping them bid against the Euro. Grains…I’ll take a closer look over … Continue reading
Daily Market Intelligence 6-5-17
There is nothing to do until the NYSE opens. The day will revolve around the Healthcare vote. A pass and the markets will rally as sentiment will be that Trump can pass his agenda. Euro…we’ve been up @ 108.25 … Continue reading
Today’s App currency forwards. Euro…June Futures is trading App +49 ticks to cash Swiss Franc..June Futures is trading App +54 ticks to cash British Pound..June Futures is trading App +29 ticks to cash Aussie…June Futures is trading App -14 ticks … Continue reading
Daily Market Intelligence 1-24-17
Daily Market Intelligence 1-18-17
AUD/USD…76.59 is resistance matching the 200DMA in AUD/JPY @ 80.17. This is a rejection level the first time up. USD/MXN..the Mexican Peso has been viewed and used by many as a Risk On indicator. Caution is advised into 183855 its … Continue reading
We’ve rallied to my stated resistance levels and closing upside pivots for the U.S. Indices. Spu’s…2145 Nasd 100…4825 DJI…18,200 The EUR/JPY & GBP/JPY crosses are being pushed lower. Neither of which I’d trust to maintain direction the rest of the … Continue reading