Tag Archives: EUR/JPY
EUR/JPY….Euro_Yen_Weekly.gif
The weekly chart is breaking out over 123.22. This is a weekly closing level. Price action over 123.89 will see another bout of selling Yen via this cross. FX crowd…I’d look to the crosses for a way to be short … Continue reading
Midday Missive
Wednesday is a Full Moon, which means there should be some big action mid week. Thursday is a major crop report. This is the one that is always a major market mover. For those of you that bought GDX, Keep … Continue reading
A.M. Look 3/25/13
Whitewave will be closed in observance of Passover Tuesday & Wednesday, Coupled with the unexpected loss of a family member yesterday, will publish our next update on April 1. To those of you who have recently started following us, this … Continue reading
A.M. Look 3/22/13
Grains… Wheat…needs all new closing strength over 7.374 for higher Corn…we like to see Corn hold 729 to avoid any lower retests. As seen by looking at the Green mvg avg line, ( 200 day) is temporarily capping the rally. … Continue reading
A.M. Look 3/20/13
Oil…needs to maintain over 93 for a re-test of 94. Resting sell stops remain @ 91.70. USD/JPY…95.05 will act act a pivot. Price action around that level will dictate how the crosses trade. Euro…130.00-20 is resistance and the closing upside … Continue reading
EUR/JPY
122.40 is the closing macro pivot. There are resting sell stops @ 121.55. There is not much for the next couple of figures down. Remember…selling weakness in EUR/JPY or AUD/JPY at these levels is not recommended! When these go down, … Continue reading
A.M. Look 3/18/13
Spu’s…1529.00-31 is support. Recovery over 1547.25 is needed for higher. Spu/Bonds…hit it’s support last night as well. EURO and it’s crosses have all hit big technical support @ last night’s lows.This includes EUR/JPY,AUD/JPY,EUR/GBP,EUR/AUD. USD/JPY…held a big retrace level last night … Continue reading
A.M. Look 3/15/13
Euro…130.60 +- 10 pips is resistance. This could squeeze up close to 131 with out breaking out of it’s current formation. GBP/USD…151.00 is the short term pivot for Sterling. 151.66 is next resistance. USD/JPY…is caught between 95.70-75 and 96.50. Sustained … Continue reading
A.M. Look 3/14/13
AUD/USD…is the feature today. Closing resistance is 103.85-104. AUD/JPY…has reached parity @ 100. This needs to back and fill from this level. the bigger macro resistance level is 101.80-90. EUR/AUD…the mid 124’s will be tough to trade. This looks like … Continue reading
A.M. Look 3/13/13
AUD/JPY…shows a double top on the P&F @ 99.50. 98 +– a few seems to be the next descent level of interest. FBTPM…Italian 10 yr…shows initial support @ 108.40. 30 yr. small buy stops are 143.16. The lowest risk sell … Continue reading