Tag Archives: Eur/Gbp
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 9/5/12
USD/CAD…98.41 represents a double bottom on the Dollar chart. The corresponding futures level is 101.56, with 101.68 being the April high. This is the area that has to sustain above to rally. OIL…came down into initial support last night. Recovery … Continue reading
A.M. Look 5/9/12
EUR/GBP… there is no significant big swing Fib support until closer to 79. EURO…looking at a 12 year semi-annual chart, 122 is in the cards longer term, via 126.40-60 as long as it remains below 130.70. AUD/USD…following the same swing … Continue reading
A.M. Look 4/26/12
EUR/GBP…has been a big mover over the past month. This cross is getting mildly oversold on the intermediate time frames. It’s also 50% back on a 6 year swing ( a big swing). Forex players involved in this cross should … Continue reading
A.M. Look 1/30/12
We’re still looking at a range bound technical picture in the U.S. Indices. Price action under 1300-02 SPU is needed for any downside to materialize. Given tomorrow is month end, we are likely to hang around these levels unless we … Continue reading
A.M. Look 12/14/11
EUR/GBP…This cross looks to be headed for 82. Dollar Index….80.43 is the Oct. high .By maintaining prices over 79.27, this looks to be breaking out on a qtrly chart. Meaning a stronger U.S. Dollar. SPU’s…The March contract still looks like it … Continue reading
A.M. Look 12/12/11
More of the same, the day trade continues, disappointment with Eurocrats leads to a risk off A.M. London session. Today’s Risk off has manifested itself in Dollar buying vs. equity weakness. The weakness in Gold & Oil looks to be … Continue reading
Single Stocks…General game plan…GBP/JPY
Our whole portfolio is skewed Long Equities. This is one big reason we took a small short in the Euro. The dollar has been seeing inflows as the world equity markets have sold off. The better level to sell the … Continue reading
A.M. Look 4/5/11
This is going to be a day when most traders will be waiting for the Fed minutes this afternoon. The yen crosses are holding as the dollar is clawing back some losses from last week. GBP/JPY seems to have another … Continue reading