Tag Archives: EUR/JPY
A.M. Look 6/8/12….With EUR/JPY Trade Alert
Spu’s… closing below the 1308-09 level In (M) will be price negative. EUR/JPY…closing below 99.51 will be price negative the cross. Expect a test of the low 98 level for a starter. Copper…32780 is a level that can trap the … Continue reading
SDS Trade Alert!!…Risk Off?
The energies act abominable after blowing off in the early A.M. Aussie and Euro both put in good highs which could hold for a while. You either sell the equity indices against today’s high or you look for an alternate … Continue reading
A.M. Look 5/31/12
AUD/USD…the levels coming down are as follows…96.64…95.74 Fib support ( 1/2 way back for the past 2 years),then 93.91 which would match up with the eventual swing count tgt. Copper…32760-32840 followed by the 200 day @ 32200 EUR/JPY…97.01 is the … Continue reading
A.M. Look 5/30/12
Crude Oil Futures…89.17 is the hold # and downside pivot. AUD/JPY…76.85-77.00 is the hold level and downside pivot. USD/JPY…stops lie just under 78.99 with the 200 day @ 78.62 (127.19 Futures). Euro…is getting oversold on the shorter time frames. This … Continue reading
A.M. Look 5/29/12
Crude Oil…The levels have not changed. 91.70 will be pivotal with 92.45 next resistance. OXY… by maintaining higher on the week, expect an attempt @ 82.67 followed by 83.45…the risk is 80.20 Nasd 100…resistance is 2592 followed by 2626 EUR/JPY…99.68 … 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 5/7/12
Euro…129.59 is unchanged on the year. This now becomes the macro pivot for more downside. EUR/GBP…The Pound has been bid vs the Euro, as a safe haven trade within the Euro Zone, since last July. This cross is getting mildly … Continue reading
A.M. Look 5/2/12
EUR/JPY…105.50 is the 200 day and the closing level for an ORL day. Spu’s & Nasd….the support levels have not changed since Friday, and we still need an S&P close over 1402 to confirm higher. Oil…106.80 is a level that … Continue reading
A.M. Look 4/30/12
Today is all about not fighting the flow. It’s the last trading day of the month! Spu’s…Nasd & Gold are slightly lower on the month. USD/JPY…80.00 is 1/2 way back on the year…”125.20 is the June Futures #” EUR/JPY..105.55 is … Continue reading
A.M. Look 4/23/12
Here we are, right back to last week’s low in the Equity Indices. Looking at the board, most every trade is the same trade. It’s a “Risk Off” Look. AUD/JPY…EUR/JPY…SPU/BONDS…DAX/BUNDS NASD 100…mid 2630’s will be support and a possible bear … Continue reading