Tag Archives: EUR/AUD
A.M. Look 5/24/13
Oil…94.60 is resistance Euro…buy stops are 130.15. We’re only looking at this in relation ship to EUR/AUD as to which currency leads the cross higher. We’re looking for another couple of figures to go before running into resistance. Nikkei…has failed. … Continue reading
Midday Missive
We’ve put out some charts so you can see that investors are looking at the beaten up names for Alpha. FXI…China needs a close over 38.40 to start looking up and over 38.70 to get me involved. With China firm the Aussie … Continue reading
A.M. Look 5/17/13
Spu’s & SDS….yesterday’s close is a perfect example of why I prefer to trade Futures Vs. ETF’s. The S&P 500 Futures closed above our break down level. With the Futures, since they trade 23.50 hours a day, you can wait … Continue reading
A.M. Look 5/16/13
KIWI…NZD/USD…81.00 is overextended today AUD/USD…this is getting overextended with 97.50 a place to look for a bounce today. Euro…128.20 is interim support. We’re looking for the 127.50 level to exit shorts. Below this level we’re looking for another 200 points. … Continue reading
A.M. Look 5/13/13
30 yr. Bonds…after putting in an ORL day and week on unemployment, Bonds are attempting the triumvirate which would take a close under 144.00 at Month end. Spu’s…still need some sustained and closing price action under 1619 for lower. Gold…needs … Continue reading
A.M. Look 5/10/13
USD/JPY…is poking it’s head up on the monthly, which could lead to the Yen eventually moving to the 107 area and beyond. In the meantime were at multi year levels in USD/JPY and EUR/JPY which will make me reticent to … Continue reading
AUD/USD…EUR/AUD
AUD/USD…102.43 is today’s ORL #.There are resting sell stops @ 102.10-15. Aussie has been going sideways for a year and looks poised to test the 2012 lows with a close below 102. EUR/AUD…looks to be the best way to play … Continue reading
A.M. Look 5/6/13
Spu’s…1592.50-1593.30 is support. Gold…needs over 1486 or under 1440 for a new signal. 1536-39 isgood low risk resistance. Lower retests are 1420 followed by 1400. Silver…24.30 is resistance and the upside pivot. Buy stops are 24.80 which could lead to … Continue reading
A.M. Look 5/3/13
Gold…needs over 1486 or under 1440 for a new signal. 1536-39 isgood low risk resistance. Lower retests are 1420 followed by 1400. Silver…24.30 is resistance and the upside pivot. Buy stops are 24.80 which could lead to another dollar higher. … Continue reading