Tag Archives: Aud/Usd
A.M. Look 3/21/16
Stocks… Spu’s…need to close under 2005 to break down. Nasd 100…last week I was looking for a 70 point rally. This week I’ll need to see a couple of closes over 4415 to maintain upside momentum. Weekly sell … Continue reading
A.M. Look 3/14/16
Stocks… June Equity Futures will become the dominant month today. Spu’s…June is trading at a 10.00 point discount to March. Nasd 100..June is trading at a 9 point discount to march Bonds.. FX… June Forwards…These are the current spreads … Continue reading
A.M. Look 3/7/16
Stocks… Spu’s…we’re into back and fill mode. Closing under 1987 puts the index back on the defensive. Nasd 100…needs a close over 4360 for upside. WDAY…is emblematic of many hot names. They’ve had huge runs to their respective 200 … Continue reading
A.M. Look 3/3/16
Stocks… WFT… is up in pre market. This should trade into the $8 level. COP…has broken out. This looks good as long as there is no close below 35. PSX…buy any weakness into the 81’s LNG…despite Natty failing … Continue reading
Midday Missive
SOXX…led yesterday. 87.65 is the 200DMA INTC…31.28 is the 200DMA Aussie…trading at it’s 200DMA Semi’s are getting overbought and into mvg avg resistance. The metals have been strong all A.M. which has been indicative of a Risk off bias. IBB..has … Continue reading
A.M. Look 2/26/16
Stocks… Spu’s….both the Nasd & Spu’s have hit their initial upside targets In London. They should back and fill a bit. The question is how much. The low 1940’s in the Spu’s and 4230 ish in the Nasd would provide … Continue reading
Aussie & CAD/JPY
Aussie Futures AUD/USD…is coming up to it’s 200 DMA. I need to see confirmation from the currencies for a short squeeze in the Equities. CAD/JPY…today’s high was the weekly ORH #. Monitor this level for a possible breakout tonight into … Continue reading
A.M. Look 2/24/16
Stocks… Spu’s….near term sell stops are below 1898.50. There was one short covering rally into London’s close. DAX…looks set to retest 9067. Bonds.. 30 yr….168.11 is the high close for this swing. FX… AUD/USD…71.62 is near support and … Continue reading
Midday Missive
Gold,Canada & Aussie were all big opening range trades. The last high in Canadian Futures was 73.31 2/4/16. CAD/JPY…is trading at it’s daily ORH#. Price action and a close over 83.80 will telegraph more risk on. Canada strength is coming … Continue reading