Tag Archives: Aud/Usd
A.M. Look 5/17/13
Spu’s & SDS….yesterday’s close is a perfect example of why I prefer to trade Futures Vs. ETF’s. The S&P 500 Futures closed above our break down level. With the Futures, since they trade 23.50 hours a day, you can wait … Continue reading
A.M. Look 5/16/13
KIWI…NZD/USD…81.00 is overextended today AUD/USD…this is getting overextended with 97.50 a place to look for a bounce today. Euro…128.20 is interim support. We’re looking for the 127.50 level to exit shorts. Below this level we’re looking for another 200 points. … Continue reading
A.M. Look 5/14/13
Nikkei…15,210 is our near term upside tgt. Two consecutive days closing over this level will lead to a test of 16,300. TM..(Toyota)…there are resting buy stops over 128.33-50. This should lead to a test of 134.30. This is a surrogate … Continue reading
A.M. Look 5/10/13
USD/JPY…is poking it’s head up on the monthly, which could lead to the Yen eventually moving to the 107 area and beyond. In the meantime were at multi year levels in USD/JPY and EUR/JPY which will make me reticent to … Continue reading
Be Vigilant…
Euro…129.70 is the qtrly pivot and support.. AUD/USD…is breaking down on the monthly charts after electing the 101.15 sell stops. Equity Indices…will make a decision on direction in the next 45 minutes. All this price action has happened with out … Continue reading
AUD/USD…EUR/AUD
AUD/USD…102.43 is today’s ORL #.There are resting sell stops @ 102.10-15. Aussie has been going sideways for a year and looks poised to test the 2012 lows with a close below 102. EUR/AUD…looks to be the best way to play … Continue reading
EUR/AUD….AUD/USD
Euro strength led the early rally in the EUR/AUD cross, now AUD/USD weakness is leading. AUD/USD…102.45 is the daily level just in front of our Multi-Year closing Pivot zone of 102.15-25. This is an area to not press direction. You … Continue reading
A.M. Look 4/22/13
30 yr. Bonds…a close above 148.10 is needed for any attempt higher. 147.12 is Point & Figure support. Spu’s…1563 +- a couple is the qtrly pivot and short-term resistance. Nasd 100…2793 is the near resistance. 2800-10 remains our macro qtrly … Continue reading
A.M. Look 4/17/13
Gold…needs to go 1365 sellers to go to the mid 1340’s. Resistance and the short term upside pivot remains at yesterday’s resistance of 1400. EURO…131.35 is the monthly ORH # , which makes it a pivotal level for the next … Continue reading