Tag Archives: Aussie/Yen

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

SPU…AUD/JPY….CAT…XOM

1279 will be a big pivot for further weakness in the Spu. Price action under 81.50 AUD/JPY will confirm more stock weakness. CAT…All week the big support zone is 92.20-50. Put it on your price alerts. XOM….Price action under 77.75 … Continue reading

Aussie

Let’s buy a little more Aussie at the market. We know where we are wrong. Being slightly overweight the Aussie on the spread vs the Yen will also give us some cover on our SDS hedges against the emerging markets.