Tag Archives: Aud/Usd
A.M. Look 4/11/13
Oil…needs a close over 95.00 for another leg up. Pattern breakdown starts to occur under 93.50. Look for this to move in 75-80 tick increments. Leave the trailing stop on our remaining longs @ 93.20. AUD/JPY…macro buy stops from 2007 … Continue reading
A.M. look 4/10/13
SPU…sustained price action below 1557 will signal another about face in the index. SPU/BONDS…are coming back to the 18 day again, which we’ll be monitoring for follow through. 30 yr.Bonds…we’re trading at our first exit zone again of 146.17-20. 146.04 … Continue reading
While I have Some Power
Use a break even stop on your Bonds. Oil Traders…This isn’t following through and is stuck in a one dollar range. Use a 92.80 stop on any Longs. AUD/JPY…The point & figure shows a small double top at today’s high. … Continue reading
A.M. look 4/7/13
AUD/USD…101.15 is the next level technical level with stops below. The macro pivot of 102.15-25 does not change. This is the level to sell rallies against to manage risk. EUR/AUD…128.92 is last weeks high and now becomes minor short term … 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
A.M. Look 4/3/13
Spu’s…have to sustain under yesterday’s low of 1559.50 for any downside to materialize. Euro…sell stops are 127.52 which can lead to a test of 126.70. GBP/USD…Cable has the ability to take a look at 150.00-25 30 yr. Bonds…144.07-09 is near … Continue reading
A.M. Look 4/1/13
Euro… stops are below 127.52. 126.60-80 is the next significant support. 128.67-88 is daily resistance. GBP/USD…needs to sustain either above 152.50 or under 151.20 for new direction. USD/JPY…93.80 ( app 106.75 futures) is the level that the Yen has to … Continue reading
A.M. Look 3/22/13
Grains… Wheat…needs all new closing strength over 7.374 for higher Corn…we like to see Corn hold 729 to avoid any lower retests. As seen by looking at the Green mvg avg line, ( 200 day) is temporarily capping the rally. … Continue reading
A.M. Look 3/21/13
Nikkei…from the 2007 high to the 2009 low, this is up 50%. We caution investors to not buy strength until you see a couple of closes over 12700. Confirmation of another leg up is needed with sustained action over this … Continue reading
AUD/USD
As the board digests the news out of Cyprus, we’re looking for 104.40 AUD/USD to be initial resistance and an exit zone the first time up.