Tag Archives: British Pound
Daily Market Intelligence 6/8/22
Daily Market Intelligence 6:8:22
Daily Market Intelligence 9/6/19
Daily Market Intelligence 9-6-19
Midday Missive
European Banks are causing a cascade effect across all asset classes driven by falling Bond Futures. Nasd 100 Globex session has a double top after electing the yearly buy stops. Sustained price action and a close below 4726 will elect … Continue reading
A.M. Look 5/4/16
Daily Market Intelligence 5-4-16
A.M. Look 12/19/14
Stocks… Equities have had a massive one way lemming effect trade into this A.M. They need to digest a little before being marked up into Year end again. My favorite names on breaks are UNH,MMM,XLP,BRKA. IWM…is firm over … Continue reading
EURO & British Pound
GBP/USD….157.50 is where the rubber meets the road. This is a 50% retrace from 1985 as well as a retest of the ORH Pound upside breakout from early last year. EURO…I’ve been targeting 124 then 122 for a long time. … Continue reading
A.M. Look 9/25/13
Stocks.. Spu’s…1682.50 is the final hold #. Bonds Bunds… are into weekly resistance around 140. 30 yr.…133.11-15 is resistance and the upside pivot. FX… Kiwi…8160-70 is support AUD/JPY…91.50 is support Commodities… General Comments orValuable Insight Pay attention to the opening … Continue reading
Midday Missive
OIH…48.25-30 is the big macro closing resistance area. GOOG…897 is the closing pivot. As long as this remains above you can see a rally towards 950 going into month end IBM…looks cheap compared to a lot of the board. This … Continue reading
A.M. Look 4/26/12
EUR/GBP…has been a big mover over the past month. This cross is getting mildly oversold on the intermediate time frames. It’s also 50% back on a 6 year swing ( a big swing). Forex players involved in this cross should … Continue reading
Currencies
Pounds…just completed a 50% re-trace on today’s low on a major swing. Aussie… is probing support Brazilian Real….182 USD/BRL ish is where all the weekly Dollar resistance comes in. Oil…back into support… This says 2 things…Do not sell weakness in … Continue reading