Tag Archives: EUR/JPY

A.M. Look 9/21/12

USD/JPY…our tgt for this swing is 120 (Z) +-25 points in the Futures. app 83.30 CAD/JPY….83.20-50 should match up with the straight USD/JPY around 83 AUD/JPY…remains firm by remaining over 84.50 GBP/JPY…133 is next. A good close over this level … Continue reading

A.M. Look 11/15/12

EUR/JPY…103.46 is the weekly ORH level that this cross needs to maintain above for further Yen weakness from this level. Spu’s…1364 & NASD 2540 are the short resistance levels. Price recovery over these areas are needed for any kind of … Continue reading

A.M. Look 11/14/12

Spu’s…last night’s high was again the 200 day, which is acting like a magnet. 30 Yr….look for 150.15 to stop the Spu/Bonds on this wiggle the first time down. EUR/JPY…last night’s high was again the 200 day ( app 102.17), … Continue reading

A.M. Look 11/12/12

We’ll be out of office, traveling on business, form 8:30 CDT for the rest of the day. SPU/BONDS…are getting into that oversold area where the breaks can hold for a rebound as seen Friday. AUD/JPY…the weekly is breaking out of … Continue reading

A.M. Look 11/6/12

General Comments… Go vote!!… Model Trading Portfolio…………….. Stop Close       Profit Points Long TBT                                59.30                69 Long Spu 1455/75 Nov. call spread Profit areas have been hit. Investors should have reduced positions. Small core … Continue reading

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

EUR/JPY…YEN

EUR/JPY…resting sell stops are 103.11, which is also the daily ORL #. Trading through this area would be a big Risk off indicator. Yen..126.30-60 is the low risk sell level in the Yen Futures. App. 79.10-20 USD/JPY. Professional traders should … Continue reading

A.M. Look 10/15/12

Spu’s & Nasd…are both at short term resistance. The low 30’s in both should be problematic. AUD/JPY…80.65-70 is resistance EUR/JPY…102.12 is resistance Soybeans…our original statements from last month still hold in the Beans. Our full downside swing count for this … Continue reading

A.M. Look 10/9/12

Nasd 100…2765-68 is first support. 2740 ish is the next significant level. USD/JPY…77.65 app 128.80 futures is resistance in the Yen. EUR/JPY…all new price action under 100.90 will be needed for more Yen strength and Euro weakness. Euro…needs all new … Continue reading

A.M. Look 10/8/12

Nasd 100…2765-68 is first support. USD/JPY…77.65 app 128.80 futures is resistance in the Yen. EUR/JPY…all new price action under 100.90 will be needed for more Yen strength and Euro weakness. Euro…needs all new closing weakness under 129.25 for a run … Continue reading