Tag Archives: aussie
8/8/11
The S&P retested Friday’s low early last night putting in a double bottom pattern on the point & figure charts. If this area is violated we will start moving in roughly 20 point increments, possibly as low as the mid … Continue reading
A.M. Look 7/1/11
The Aussie ,Canada,Suisse and EUR/CHF are all in play today. Please refer to the recap levels yesterday. 122.96 EUR/CHF should be a difficult level. The straight Suisse futures are attempting to put in an outside reversal week, however the USD/CHF … Continue reading
A.M. Look 6/14/11
Yesterday saw us cover almost all current positions. Whether it was our spreads or outright naked positions, we will await further price action to determine our next move. We have a lot of U.S. data coming out over the next couple of … Continue reading
AUD/USD…AUD/JPY
102.50 AUD/USD is still the main driving pivot for the straight Aussie, and will prove a pivotal level for any pros legging the yen crosses. You can review last weeks #’s…they have not changed!
Aussie…Pattern Alert…Food for thought
The straight AUD/USD is putting in an outside reversal month to the upside. Long Aussie is the right way right for now on the Yen crosses as well. Today’s close will be important, but you’ll need sustained price action under … Continue reading
A.M. Look 3/25/11
Last qtr’s high in the Aussie was 102.58…monitor this level! Price action above and it goes again…It will need a close below 101.60 AUD/USD to confirm a double top high. I think this unlikely with the stock strength I am … Continue reading
Aussie…GDX…MCP
It was cheap Insurance. At this point I would just push the trade and forget about it. The Spu needs sustained price action under 1290-91 for this trade to work. Notwithstanding the Metals and the GDX are still showing lots … Continue reading
Bull or Bear?
Time to pick a side. If you’re bearish stocks sell the Aud/Usd with a stop over last night’s high. Futures traders should use a stop 12 ticks over the day session high. We’ll see what we get. Investors that are … Continue reading
A.M. Look 3/24/11
Spu/bonds are still going after the rejection of the old continuation double top in the Bonds of 122.08 from earlier in the year ” This was the # that the March contract took 2 months toget over. It’s has proved … Continue reading
Aussie
I was looking for 101.65 ish last week to sell, unfortunately sometimes the prices we want to see do not print when we want them to. 101.65-95 now becomes a huge pivot level. A close above this area and the … Continue reading