Tag Archives: CAD/JPY
Midday Missive
Aussie…75.97 is today’s ORH #. This will become important as the day wears on. The Equity Indices have held. Everyone seems to be underweight and looking for a break. With what’s happening with the stock rotation back into healthcare names … Continue reading
Midday Missive
30 Yr. Bonds…led and continue to lead. Much below this level could lead to 161.00 ish June. Nasd 100… ORH day..do not fade. Look to buy a 30 handle break Spu/Bonds…are putting in an ORH day into first cloud resistance. … Continue reading
Aussie & CAD/JPY
Aussie Futures AUD/USD…is coming up to it’s 200 DMA. I need to see confirmation from the currencies for a short squeeze in the Equities. CAD/JPY…today’s high was the weekly ORH #. Monitor this level for a possible breakout tonight into … Continue reading
Midday Missive
Gold,Canada & Aussie were all big opening range trades. The last high in Canadian Futures was 73.31 2/4/16. CAD/JPY…is trading at it’s daily ORH#. Price action and a close over 83.80 will telegraph more risk on. Canada strength is coming … Continue reading
A.M. Look 2/4/16
Stocks… AMZN…closed below it’s 200 DMA for the first time since Dec 2014. GOOGL…a good close below 735 is needed for another big sell off XLI…as long as this sector holds a sell off into the low 49’s and does … Continue reading
A.M. Look 2/3/16
Stocks… Spu’s…1909.50-1913.50 remains a pivotal level. Bonds.. 30 yr….The low risk daily buy level is 161.02. FX… GBP/USD…145.40 is the plaza accord Fib that has been pivotal for years, above look for 146.50-60. Yen Futures…84.20 is fib resistance. CAD/JPY…held daily … Continue reading
A.M. Look 1/29/15
Stocks… Spu’s…it’s all about the close today and price action Sunday night into Monday. We keep rallying to unchanged on the week and failing. The Dow and Spu’s both need to hold the breaks today and start higher into Feb. … Continue reading
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 4/24/15
Stocks… DAX…11,688 is mvg avg support and the must hold level on a closing basis to avoid a deeper correction. ACT…is gaining upside momentum. Keep this teed up for an opening range trade today. You’re looking for an upside move. … Continue reading
A.M. Look 4/21/15
Stocks… DXJ…56.87 is this years high with resting buy stops above which should test 57.50-75, the 2014 high. Nasd 100…there is a potential weekly double top @ 4441, however once above do not fade. DAX… A close over 12,070 is … Continue reading