Tag Archives: EUR/AUD
Curency Traders…EUR/AUD
123.65-42 is near term support in this cross. Watch this area for clues to further Euro weakness. This is a big near term hold area.
A.M. Look 10/24/12
Welcome to the mid-week shuffle… The main feature of the board this A.M. is the correction in the Euro crosses off disappointing economic news out of Germany, in particular EUR/AUD,EUR/JPY,& EUR/GBP. Euro…128.90 ish seems to be the tipping level. Once … Continue reading
A.M. Look 10/10/12
Nasd 100…2715-20 now becomes the key hold level and near term pivot. Spu’s…the resting stops are below 1425. EUR/AUD…we don’t expect to see much below 125.33. Euro…128.22 is the 200 day mvg avg. This is a better buy level than … Continue reading
A.M. Look 10/2/12
Bunds…140.96-141.01 is support. 142.31 is resistance. Were watching these levels for clues as to direction off the DAX/BUND spread. Copper…maintaining over 377 keeps a positive tone with 382 ish being near term resistance. General Comments… The Equity Indices are still … Continue reading
EUR/AUD
Stops are just below 122.62.. 121.92-122 is first support.
A.M. Look 9/4/12
AUD/USD and in particular the crosses AUD/JPY , EUR/AUD, AUD/CAD are extremely over stretched directionally on the daily charts. We expect to see some profit taking in these crosses this week to relieve the RSI’s, however there is still room … Continue reading
A.M. Look 8/17/12
Nasd 100…today I included this chart to show that we’re coming up to a “go or no go level” here as well. 2788-92 was the monthly double top we broke from. 2840 is the 50% re-trace of the life of … Continue reading
A.M. Look 7/23/12
Spu’s…1342 30 Yr. Bonds…153.00+- a few Euro…120.70 EUR/AUD…117.93 is the ORH # EUR/JPY….got within 20 points of it’s projected tgt. Wheat…9.166 is the ORL # General Comments… The #’s above tell one story, it’s the match game. The Bonds are … Continue reading