Tag Archives: aussie
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.
Aussie…Currency Traders…Trade Alert!
Short to medium term traders can Buy the Aussie with a stop against today’s low. As long as AUD/JPY remains above 98.75 this should be a cheap look.
A.M. Look 3/12/13
Euro…130.60-70 acted as the downside pivot and first support on Friday. It will now act as the near term resistance. USD/JPY…95.60 needs to be given to see further Yen strength ( App 104.60 H Futures) EUR/JPY…put in a new high … Continue reading
A.M. Look 2/22/13
ORL Weekly levels … Spu…1510 DJI…13,906 Nasd…2753…. Russell… 90750 Midcap 400…11,022 Platinum…1600 is support and fib matches. 1640 is near mvg avg resistance. 1654 is fib resistance. Watch for market tone. This is a risk indicator. Silver…march options expire Monday. … Continue reading
A.M. Look 1/14/13
Euro…is doing a 2 year swing. We expect to see 135. EUR/JPY…resistance is 120.60 AUD/JPY…. As long is it remains higher on the year, this cross remains an attractive buy on any descent pullback. Oil…as long as Oil remains above … Continue reading
A.M. Look 12/6/12
AAPL…anywhere between 525-536 is potentially a bear trap today. Selling weakness into this area is not good risk management. Sustaining below 525 the acceleration can continue. NATGAS…3.47 has been support and the upside pivot for the past month. 3.72 is … Continue reading
A.M. Look 10/23/12
Oil…there are stops below 87.70. 86 appears to be the low extreme for today. 88.85 will act as a short term upside pivot level. Spu’s…maintaining under 1417.50 should lead to another 10 points lower for a start. As long as … Continue reading
AUDNZD_-_Australia_New_Zealand_Index_Daily.gif
This is a good Risk chart… The straight Kiwi is breaking down on the weekly charts leading the cross. 126.99 is resistance in this cross..then 127.50 ish. AUD/NZD..up= Risk Off…watch for general market tone.
Position Update and Stop
We were stopped out of our remaining AUD/USD short. We have no position. SSO & TBT…we will use stops just below today’s low. 53.25 SSO 15.50 TBT Futures traders… price action below 1341 in the Spu Price action over 149.12 … Continue reading