Tag Archives: Aud/Usd
A.M. Look 1/14/11
Spu…late yesterday into early Wellington the Spu put in a double top on the point & figure charts @ 1284.25. We are seeing an expected pull back off that formation. 1273.60 is a day session # we expect to see … Continue reading
A.M. Look 1/13/11
EUR/CHF has been the feature last night as it has been running the Euro for the past week. How big of a correction will this turn into? There could be 2 more figures in this cross or 10 depending upon … Continue reading
A.M. Look 1/11/11
The most interesting feature on the board this a.m. is the AUD/CAD. 97.30 ish is the level we are monitoring off a qtrly look, a good violation of this area would lead to a test of 96. EUR/CHF …124 should … Continue reading
A.M. Look 1/6/11
The stocks continue to grind higher with little or no trade to the indices. This price action is very reminiscent of how the nasd traded just before the bottom fell out in 2000, however we’ll be waiting for higher prices … Continue reading
Silver,Gold,OIL,SPU,Aussie
I like the lows we just put in across the board. These are possible capitulation lows for the longs in these instruments for the day session. All contra-trend day trading should be managed against the current lows. Those looking for … Continue reading
A.M. Look 12/28/10
Euro…This dog put in an outside reversal day to the upside yesterday. This coupled with a monthly double bottom pattern still intact from 129.70 puts this on buy the breaks mode. According to Dr. Nenner this currency bottoms this week … Continue reading
Aussie
Let’s take the last piece of the short Aussie off at the market. Time to go into Holiday mode.
A.M. Look 11/23/10
Month end is 1 week from today. Lemming effect trading will be in full swing. Meaning the markets will get pushed directionally over certain trading time frames and then can have a very abrupt about face. 1179.70 spu, 2122 … Continue reading