Tag Archives: Aud/Usd
A.M. Look 9/19/14
Stocks… DAX…10,000 is the key resistance and upside break out level. A couple of closes over this level is needed for another big leg up. Dax is putting in an ORH weekly formation. Holding 9800 on the next break keeps … Continue reading
A.M. Look 9/18/14
Stocks… DXJ…remains positive with the falling Yen. This ETF is heading for a retest of the 2013 high of 53.94. Bonds … 30 yr. Bonds…(Z) 136.00 will run the price action today. Short covering above, weak below. FX… AUD/USD…89.16, last … Continue reading
A.M. Look 9/17/14
Stocks… IAT…although it put in an ORL day I’m going to give this trade the rest of today to play out. SWKS…put in an ORH day. This has an initial upside tgt just shy of 60 by holding above 54. … Continue reading
A.M. Look 9/16/14
Stocks… COP…put in an ORH day running right into intermediate trend resistance. A close over 80.10 is needed to confirm the pattern. Nasd 100…still looking for a test of 3970 (U) 3962 (Z) Bonds … 30 yr. Bonds…(Z) 138.30 is … Continue reading
A.M. Look 9/12/14…W/ Trade Alerts
Stocks… GS…177.25 was last years close. A close today above 182 puts in an ORH week, targeting 192 short term. Semi Annual resistance starts @ 189. By remaining above 177 GS should retest the 215 level it broke from in … Continue reading
A.M. look 9/10/14
Stocks… Nasd 100…sustained price action over 4085 negates yesterday’s chart pattern. It will take price action under 4050 to test 3990-4001 Fib support. Spu’s…do not have the same chart pattern as NASDAQ. Price action under 1980 is needed to test … Continue reading
Currencies
AUD/USD…91.82 is the 200DMA support level. Currencies traders should look to play this via one of the crosses AUD/JPY & EUR/AUD
A.M. Look 9/9/14
Stocks… X…U.S. Steel remains firm above 39. UNH…trend support is 86.70. The first short term tgt is just below 90. Longer term this can go to near 110 as long as there is no close below 86.70. TSLA…remains firm above … Continue reading
A.M. Look 8/21/14
Stocks… DAX…today’s resistance is 9378. Sustained action above should lead to a test of the 200 DMA @ 9500. DXJ…put in an ORH day on Abe new stimulus plan. 50.35-66 is short term resistance. Closing over this level tomorrow starts … Continue reading
A.M. Look 8/19/14
Stocks… IWM…115.11 is resistance and the upside closing pivot. XOM…98.11 is the 200 DMA. EXXON has been going sideways and holding it’s 200 DMA while the Crude and Brent have been imploding for the past 12 trading days. Of the … Continue reading