Tag Archives: Aud/Usd
A.M. Look 10/13/15
Stocks… Nasd 100…4390 is resistance. Spu’s…we’re stuck. We’ll need to see sustained price action and a close over 2012 to grind higher. Bonds … FX… AUD/USD…point & figure shows a good close over 74 cents is needed for higher. … Continue reading
A.M. Look 10/8/15
Stocks… Spu’s…1990 is resistance. Do not fade above. RAX…another name that bottomed with the Indices. Price action and a close over 28.25 is needed for additional upside. Bonds … 30 Yr & Bund… formations seem friendly. It’s a Risk On/Risk … Continue reading
A.M. Look 9/30/15
Stocks… DAX, Spu’s & IBB all retested the August low in yesterday’s session. Closes under those levels are needed for a deeper correction. 1860 Spu’s, 9300 DAX, 284 IBB. Bonds … 30 yr. Bonds…157.16 is first resistance. Bunds…155.59 is today’s … Continue reading
Midday Missive
Nothing would surprise me the rest of the day in the Indices. QQQ…need a close under 103.40 to extend lower. AUD/USD…is attempting a bottoming pattern if it can close over the IMM opening range @ 70.70. It will be pivotal … Continue reading
A.M. Look 8/21/15
Stocks… Nasd 100…4265 is the first target. Spu’s…1965-75 is the first buy before you sell level. DAX…led the rally in 2014 and led the down on this break. 10,000 +- a few was the breakout level. This will continue to … Continue reading
A.M. Look 8/20/15
Stocks… Nasd 100…the levels have not changed. 4430 is support. Closing below 4420 will lead to a much deeper correction. Bonds … 30 Yr. Bonds…do not fade the up. TLT…126.70 is Fib resistance. Bunds…155.74 is the reversal qtrly low which … Continue reading
A.M. Look 8/10/15
Stocks… Nasd 100…4554 is first resistance. Bonds … 30 Yr. Bonds…157.28-30 is initial support. FX… GBP/USD…155.10 is resistance. Below there is room for a move to 153.80 the 200 DMA. AUD/USD…73.32 is support and the downside closing momentum #. NZD/USD…needs … Continue reading
A.M. Look 7/28/15
Stocks… Spu’s…2060 is the 200 DMA. Looks like we’re in for another test of this level. Nasd 100..4509 is fib support with 4500 being today’s 50 DMA. This is a cover zone the first time down. You’d expect a bounce … Continue reading
A.M. Look 7/27/15
Stocks… Spu’s…2060 is the 200 DMA. Looks like we’re in for another test of this level. Nasd 100..4509 is fib support with 4500 being today’s 50 DMA. This is a cover zone the first time down. You’d expect a bounce … Continue reading