Tag Archives: Aud/Usd

A.M. Look 1/10/12

Spu’s…Mid Oct was the last time we saw these levels in the index. 1288-89 was the old high with 2408 in the Nasd. We were looking to get out of our longs around the 1319-25 level on that swing, which … Continue reading

A.M. Look 1/9/12

Euro…This is having an oversold bounce. It will be interesting to see if this can turn into a short rout given a few days of price action. Aussie…needs a close over 103.80 for an upside breakout or under 100.30 AUD/USD … Continue reading

Aussie & Canada

First off let me thank the wonderful technology company “CQG” for having me basically in the dark for the past 10 hours while their tech people have been inside my brand spanking new Dell trying to sort out glitches in … Continue reading

A.M. Look 1/5/12

We’re presently trading around the buy levels suggested yesterday in the Aussie and Canada. Currency traders can give it a go… Buy a small long position @ the market if you didn’t have resting orders. We’re keeping it small because … Continue reading

Gold & Silver, EURJPY critical level | A.M. Look 1/4/12

Metals….all new strength is needed over 1628-30 in the Gold and $30 Silver to start another leg up. I think this will be a day trade until Friday at this point. We’ve seen 3 swan dives after unemployment #’s since … Continue reading

Risk Commodities, Risk Management A.M. Look 1/3/12

We are in the ” Trading what’s in front of us business” and translating that into returns. So we’ll just let the board unfold and do the same things that made us successful last year and the prior 37 years. … Continue reading

Day Traders

Sustained price action under 99.40 AUD/USD is negative. This could lead to a test of the 98. AUD/JPY…76.90-76.50 could be in the cards with more selling of Dollar denominated assets and the straight buying of Dollars. Spu’s…every new low can … Continue reading

A.M. Look 12/13/11

So far the Spu’s held right where they needed to @ 1221.50 for another bounce. Confirmation of the level was given by the commensurate matching levels in the Aussie, AUD/JPY, EURO and OIL all holding macro support levels yesterday into … Continue reading

AUD/JPY….Spu’s

78.00 is an important level. Closing below this area is negative Equities. Price action below 78 AUD/JPY shows 77.30 ish as the next significant area. SPU’s…The technical levels have not changed! At this point I would look for a test … Continue reading

AUD/USD….Aussie Dollar

Fib matches come in @ 100.30-50. This is a level to match up with a possible low in the Equity Indices. Watch for overall market tone. Aussie and the Indices generally move in the same direction. The Aussie was the … Continue reading