Spu’s…these need to go 1554 bid and close over 1563 for higher. Sustaining under 1543 can see a break to test the lows of Sunday night (1529-31). Oil…94.00 +- 10 cents is current resistance and the short term upside pivot … Continue reading
Spu’s…1529.00-31 is support. Recovery over 1547.25 is needed for higher. Spu/Bonds…hit it’s support last night as well. EURO and it’s crosses have all hit big technical support @ last night’s lows.This includes EUR/JPY,AUD/JPY,EUR/GBP,EUR/AUD. USD/JPY…held a big retrace level last night … Continue reading
Euro…130.60 +- 10 pips is resistance. This could squeeze up close to 131 with out breaking out of it’s current formation. GBP/USD…151.00 is the short term pivot for Sterling. 151.66 is next resistance. USD/JPY…is caught between 95.70-75 and 96.50. Sustained … Continue reading
AUD/USD…is the feature today. Closing resistance is 103.85-104. AUD/JPY…has reached parity @ 100. This needs to back and fill from this level. the bigger macro resistance level is 101.80-90. EUR/AUD…the mid 124’s will be tough to trade. This looks like … Continue reading
Welcome to the mid-week shuffle… GOOG…848-850 is the level to use for a contra trend trade. We’re looking at this level as a spot to match up with a high in the Spu’s for a reaction trade the first time … Continue reading
AUD/JPY….94.40 is pivotal…only price action above 95.75 would be price positive. Yesterday’s low of 93.09 is point & figure support. New price action below will leave room to achieve the first macro fib of 91 +- a few. AUD/USD…sustained price … Continue reading
EUR/JPY…122.36 is first support, once below look for another 2 figures. AUD/JPY…9500 is first support with minor weekly sell stops 2 @ 95.15. Once below, look for another figure. EURO…133.15-25 is macro resistance. 130.88 is weekly support EUR/AUD…128.48 is weekly … Continue reading