Tag Archives: EUR/JPY
A.M. Look 12/5/13
Stocks.. AAPL…582-584 should prove sticky the first time up. All the macro buy stops are just over 600. We will be selling 50% of our remaining position at this level!!! Bonds Bunds…held daily,weekly & monthly support yesterday on the … Continue reading
AUD/USD…EUR/AUD…EUR/JPY
AUD/USD…anything down into 92.00 is a cover zone for shorts the first time down. EUR/AUD…145.74-146.00 is the directional trap the first time up. This cross just elected the monthly ORH buy stops above 145.54. This is a monthly level. Keep … Continue reading
A.M. Look 11/11/13
Stocks.. Spu/Bond…is the gift that keeps on giving. Spu’s…could struggle around the old highs of 1773 the first time up. SSO…94.16-25 is the matching resistance area. TBT…is trying to breakout to the upside on a qtrly chart. 79 should prove … Continue reading
A.M. Look 11/4/13
Stocks.. TBT…closing over 76.60 will lead to another leg up. Spu’s…need to sustain above 1762-4 for higher. Spu/Bond…is trading at the level it broke from in 2007, the same level that precipitated the 90 point sell off last month. Bonds … Continue reading
Midday Missive
Dollar strength is causing people to hit the sell button in PCLN. 1045 is mvg avg support. Closing below 1035 will lead to another leg down. EUR/JPY…price action below 133.52-58 is needed for the Euro to lead another leg down. … Continue reading
A.M. Look 10/7/13
Stocks.. Looks like most of the world has deemed Congress irrelevant, however the emerging markets look open for business. RSX (Russia), VNM (Vietnam),PIN (India) all have great chart weekly patterns. OIH & XLE are the two etf’s to keep on … Continue reading
A.M. look 10/1/13
Stocks.. Spu’s…1692 is first resistance. Bonds 30 yr….131.28-05 is the bigger support leveland the downside pivot. FX… AUD/JPY…92.60 is resistance EUR/JPY…132.10 has to hold on a closing basis to remain firm. GBP/JPY & CAD/JPY are both sitting on support. EUR/AUD…is … Continue reading
Euro…Pattern Alert!
Euro is running the currency crosses. Maintaining and closing over 135.20 ( today’s ORH #) is price positive. Today’s low was a retest of the monthly breakout # of 134.52. By remaining over 135.20 this tgt’s 136.00. 137.00 is monthly … Continue reading
A.M. Look 9/24/13
Stocks.. GDX…Look to have more room on the downside than the GDXJ. GOOG… 875-77 should bounce the first time down on a short term chart. GS…163.50 should bounce the first time down. JPM…needs to hold above 50.25 close to avoid … Continue reading