Daily Market Intelligence 9-14-16
The Dollar is the story this A.M. USD/MXN is trading right at its 200 DMA @ 1794 and is short term overbought. Euro is trading at Matrix resistance. Yen & Aussie are getting close. GBP/USD trapped new shorts with GBP/JPY … Continue reading
Full Moon Trading…. Market timers are looking for profit taking with a mid-week high. The Dollar is strong this A.M. with the Pound vulnerable under 131.50. DXE…The dollar is finally breaking out of this pattern to the upside. The capital … Continue reading
Aussie is typically a risk indicator. What do we know about the matrix zones? 1) they act as targets and exit levels for direction traveled to the level. 2) they are sell before you buy levels coming up to a … Continue reading
It’s a commodity led rally which is still trumping yesterdays late day profit taking in tech. Nasd 100 needs sustained price action under 4505 to weaken. Spu’s will need under 2100. Silver Gold NUGT… AUD/USD Canadian Dollar Futures … Continue reading
Oil & Aussie are leading with GBP/JPY right back at the 50 DMA. AUD/JPY & CAD/JPY after some initial selling last night are following through with their respective ORH patterns. Aussie hit cloud resistance at last nights high. Unless you … Continue reading
The overnight action was confined to the Aussie & Kiwi being bought against the Yen & Euro. AUD/USD…is trading at its 200 DMA @ 72.54. I’m looking for this to stall out just shy of 73.00 cents where it would … Continue reading
Daily Market Intelligence 5-17-16
Daily Market Intelligence 5-16-16