Daily Market Intelligence 3-23-18
Pretty much anything you do won’t be pretty. TWTR, Chips & Soybeans look higher. EUR/AUD is attempting an ORH daily pattern above 157.15. The weekly # is 157.97. Normally I’d say this was Risk off, but this is a messy … Continue reading
It’s Friday, the later in the day it gets the more scarce sellers will be. EUR/AUD…156.71 is monthly mvg avg resistance. Expect this cross to remain bid into the close, however it’s not worth getting involved at these levels. Spu’s … Continue reading
Daily Market Intelligence 8-28-17
Daily Market Intelligence 8-28-17
EUR/AUD…followed through on its ORH pattern by doing a 50% retrace for the past 30 trading days last night into 147.70. U.S. Equity Bond spreads are stalling out. Look for corrective trading into next week. With the Spu’s coming close … Continue reading
Daily Market Intelligence 7-21-17
AUD/USD…Aussie’s 10 day 500 point rally is waning. A cash close today below 79.08 would have me looking for a corrective phase back to just below 78.00. AUD/JPY…a close below 88.59 would corroborate that move. EUR/AUD…is oversold and is … Continue reading
Daily Market Intelligence 5-17-17
Gold and Silver are oversold. So is GOLD/EURO. The above have been breaking with a risk off board today. Keep it tight if you’re trading the metals. EUR/AUD…147.17 is cloud and 200WMA resistance. TSLA… look for a bounce … Continue reading