Tag Archives: CAD/JPY
A.M. Look 2/10/12
30 Yr. Bonds…We currently have a double top and a double bottom on the Monthly Bond Chart. 140.22 (H) Futures is the bottom level currently in play. Closing below this level, coupled with sustained price action below 140.22, would have us … Continue reading
USD/JPY….CAD/JPY…YEN
78.30 was last months Dollar High in the Yen. This equates to a 127.79 (H) Futures low. A close above this area in USD/JPY ( below in the Futures) will set the Yen crosses on fire! 78.39 is the 200 … Continue reading
CAD/JPY…Long Canada/Short Yen
We’re going to start a position in this Currency cross. Cash traders can just buy the spread. Futures traders..we’re buying the Canada Futures, traded on the CME, while selling an equal # of Yen Futures. ETF traders…you can try it … Continue reading
A.M. Look 2/9/12
The short term technical trades continue. Sector rotation remains violent intra day, with the Stock Indices continuing to creep up. 30 yr. Bonds…probed the lows of the recent range last night. Any sell off in the equities would see this … Continue reading
Yen Crosses…Precious Metals…TLT
The currency trade is all about the yen crosses.. AUD/JPY & CAD/JPY…look to buy as part of a Risk on bias on any 8-10 handle pull back in the Spu’s…. EURO/GOLD is starting to move…short Euro/Long Gold.. Longer term Holders … Continue reading
USD/CAD…Oh Canada
Canada is putting in an outside reversal day to the downside. 101.02 USD/CAD….99.13 Dec Futures. One wiggle through parity and it was all over, matching unchanged on the year in the Spu @ 1253. We are mentioning this because Canada, … Continue reading
4/25/11
Let’s start where we left off.. April 15, 2011 9:46:16 AM CDT DIG…The real stop for this Etf is 55.40, however those that do not wish to risk that much can use 56.20 close. You should take 2/3 rds of … Continue reading
USD/CAD…Pattern Alert
96.66 cash App 103.40 futures is double top territory on a qtrly chart. This is not a level to be buying Canada strength the first time up. Let it play out and keep your eye on CAD/JPY.
A.M. Look 4/1/11 ….No Fooling
let us start with a few observations: 1) The Soybeans closed almost unchanged on the Qtr. closing under 13.965 ( Dec. 2010 close) will now act as your downside pivot. closing over yesterdays close will be your upside pivot. So … Continue reading