Tag Archives: EUR/JPY

A.M. Look 5/21/14

Posted on 05/21/2014

Stocks… Nasd 100…Point & Figure break out is above 3625. Sustaining above leads to an upside breakout. Bonds 30 yr. Bonds… 136.27 should be monitored for tone on the SPU/BOND spread. FX… EUR/JPY…138.06 is 200 DMA support and is over … Continue reading →

A.M. Look 4/29/14

Posted on 04/29/2014

Stocks… Spu’s… price action over 1870 and closing over 1874 will run out the short sellers. Bonds 30 yr. Bonds… have a double top on the point & Figure charts from Friday. 133.24 is first support. A close below 133.15 … Continue reading →

A.M. Look 4/21/14

Posted on 04/21/2014

Stocks… NFLX…A close above 353 is needed for more upside. JPM…55.55 is resistance and the upside pivot. Watch for market tone in the financials. It’s short-term oversold. Midcap 400 ( MVV)….are into resistance. Bonds 30 yr….133.16-18 will be pivotal. TBT…66.24 … Continue reading →

A.M. Look 3/18/14

Posted on 03/18/2014

Stocks… Spu/Bonds…have two negative patterns that followed through to the downside, followed by yesterday’s positive formation which is now retesting the breakout. Be very patient to let the board play out today. Bonds 30 Yr. Bonds (H)….135.15 is resistance and … Continue reading →

Midday Missive

Posted on 03/06/2014

30 yr. bonds…133.11 is today’s 200 day daily continuation mvg avg support zone. USD/JPY…102.70 is the weekly ORL # (app 97.37 Futures), today’s opening range. Euro…138.24 is a potential double top. All new price action over this area is needed … Continue reading →

A.M. Look 2/19/14

Posted on 02/19/2014

Stocks… Nasd 100…3633 is closing support.   Bonds.. 30 yr. Bonds…put in an ORH day with a close over 133.04. This level will remain pivotal going forward. Good above/ negative below. 133.29 is the 200 mvg avg. 2 closes above … Continue reading →

EURO

Posted on 02/06/2014

Euro is putting in an ORH day. This is a pattern I’m not interested in chasing into resistance areas. EUR/AUD…after double bottoming this A.M. @ 150.31 level, this cross would need a confirming close above 152.30. EUR/JPY…shows more scope to … Continue reading →

Levels …Turkish Lira

Posted on 01/29/2014

DAX…a close today under 9354 would leave way to another bout of selling. EUR/JPY…140.13 is today’s ORL #. Monthly sell stops are @ 138.40. GBP/JPY…169.81 is the 50 day mvg avg. A close below this level would put in an … Continue reading →

Currencies

Posted on 01/02/2014

GBP/USD…is attempting an ORL day with a close below 165.18. it is presently into near term support. USD/CHF…is into support @ 90.25 (app 110.85 Futures) EUR/JPY…is attempting an ORL day with a close below 144.50. GBP/JPY…is attempting an ORL day … Continue reading →

A.M. Look 12/12/13

Posted on 12/11/2013

Looks like it will be a couple of more days before I can spend any serious amount of time at the screen. Stocks.. Spu’s…I have an interest @ buying 1726-30’s. The big game is next week as 2014 will begin … Continue reading →