Tag Archives: Brazilizn Real
Currencies…OR Pattern Alert…Risk On
CAD/JPY AUD/CHF GBP/USD Canadian Dollar Copper Mexican peso is working on the same pattern. Brazilian Real is putting in a bottoming pattern as well. Gold…this wants to trade the 200DMA @ 1135 for a start. It’s doubtful if it can … Continue reading
A.M. Look 6/3/15
Stocks… Spu’s…have to sustain over 2015 for higher. The low 2090’s is near term support the first time down.DAX…11,380 is the weekly closing hold level. Bonds … TBT…48.16 is support and the downside pivot. FX… EURO…110 will be pivotal all … Continue reading
Equity Indices….Emerging markets
The ones that were beaten up the most are the least risky to buy. Midcap 400 and Russell have room on the upside. Spu’s…are just starting to pick up on a daily and weekly chart.One more day closing around today’s … Continue reading
A.M. Look 12/18/12
30 yr.Bonds…expire today. 146.05 was the Oct. low and close to our last short exit. closing under that level will keep the Bonds under pressure until year end. We’ll monitor the price action for a possible short in the 30 … Continue reading
OIL…USO…General Risk
A.M. Look 2/14/12 Crude has broken out of it’s recent $5 trading range. We will be adding the USO ETF to our Long portfolio on a dollar pullback in the Crude to anywhere near $100.50. We will use this as … Continue reading
USD/BRL ( Brazilian Real)…USD/CHF ( Swiss Franc)…USD/CAD ( Loonie)
177.70 ish USD/BRL should be a reasonable Risk On barometer. Under this USD/BRL level, Risk assets will be in vogue. Over, ( trading towards 180) Risk assets will be less attractive. The Swiss Franc keeps attempting to come back to … Continue reading
IUSD/BRL Brazilian Real Weekly….Euro
A close tomorrow below 179.69 USD/BRL puts in an outside reversal weekly pattern. This is a Risk On Pattern for Equities… The Euro is putting in an outside reversal day to the upside with a 4 P.M. NYC close over … Continue reading
Grains…JJG…USD/BRL
The Soybeans pattern shows a double bottom on the weekly charts and will put in an outside reversal week to the upside with a close over 13.52 PIT close, however the big challenge is to close over the closes of … Continue reading
USD/CAD…GOLD…USD/BRL
95.64 USD/CAD…a close over this level in USD/CAD ( under 104.43 futures “CAM”) will put in an outside reversal day. Gold..a close below 1495 today would put in an outside reversal day to the downside after making new all time … Continue reading