Tag Archives: Aud/Usd
A.M. Look 10/9/12
Nasd 100…2765-68 is first support. 2740 ish is the next significant level. USD/JPY…77.65 app 128.80 futures is resistance in the Yen. EUR/JPY…all new price action under 100.90 will be needed for more Yen strength and Euro weakness. Euro…needs all new … Continue reading
A.M. Look 10/8/12
Nasd 100…2765-68 is first support. USD/JPY…77.65 app 128.80 futures is resistance in the Yen. EUR/JPY…all new price action under 100.90 will be needed for more Yen strength and Euro weakness. Euro…needs all new closing weakness under 129.25 for a run … Continue reading
Nasd 100 & Aussie…. Pattern Alert
A close below 2807 Nasd 100 puts in an ORL day. With a close below this level we would expect to see some follow through to the downside next week. A close under 101.82 AUD/USD completes an ORL here, however … Continue reading
A.M. Look 10/5/12
30 yr. Bonds…148.13 is the initial Point & Figure support. 147.18-24 is the the next level. Spu’s…our macro closing level of 1462 has not changed. This is the closing upside pivot that will lead to a test of the 1500 … Continue reading
A.M. Look 10/2/12
Bunds…140.96-141.01 is support. 142.31 is resistance. Were watching these levels for clues as to direction off the DAX/BUND spread. Copper…maintaining over 377 keeps a positive tone with 382 ish being near term resistance. General Comments… The Equity Indices are still … Continue reading
A.M. Look 9/28/12
Euro…129.59 is unchanged on the year. Presently it’s struggling. 30 Yr….150.16 is unchanged on the month. General Comments… I’m not remotely interested in anything that happens today. It’s all about the closes! Qtr end markings are not a game we’re … Continue reading
A.M. Look 9/25/12
Gold…there are resting sell stops starting below 1757 with more under 1750. There are resting buy stops above 1800. Silver…35.25 is the upside closing break out. There should be small sell stops below yesterday’s low. GDX…the miners don’t act particularly … Continue reading