Tag Archives: EUR/JPY
A.M. Look 4/20/12
Energy contracts expire today. Both May Oil & NatGas stop trading today. We’ll start to pay attention to these instruments for opportunity. Euro…there are resting stops over 132.14. A close over this level puts in an ORH weekly pattern. EUR/JPY…is … Continue reading
A.M. Look 4/19/12
Spu’s…are stuck between 1375-1390 on top. NASD 100… same deal…2700+- and 2730 on top. USD/JPY…81.88 ( app 122.25 Futures) should be your focus for further price action. We previously identified (123.25 Futures.) as a significant level. That was last night’s … Continue reading
EURO…Trade Alert!!!
We’re starting a small position Short EURO. Pros Only! (Cash or Futures Traders) Presently the Euro is trading right where it broke from Friday. I like it for some short exposure at this level against our Long Gold. Use a … Continue reading
A.M. Look 4/16/12
EUR/JPY…is a key feature of the board. This cross put in a ORL day on Friday right into the 200 mvg avg and is following through to the downside. 104.40 ish…then 103.50 are the next support levels. As long as … Continue reading
A.M. Look 4/13/12
We’ve seen a contra-trend trade into resistance in the Spu’s,Aussie,Euro, and Yen Crosses as well as the the commensurate re-test lower in the Bunds & 30 Yr. Bonds over the past 2 sessions. Now What? Spu’s..let them be your guide … Continue reading
A.M. Look 4/12/12
Last night saw some corrections in the Yen crosses, with EUR/JPY retesting the 200 day @ 105.93 and rallying. AUD/JPY…had the better bounce, however both have come up app 20-30 ticks short of anywhere is particular. The feature has been … Continue reading
CQG_IC_Chart_EURJPY_Weekly
Time Frame trading….we’re into London’s close…Both EUR/JPY and AUD/JPY are attempting ORL days. Current stops are 105.63 EUR/JPY…Sustained and closing action under will lead to another figure down. This would be considered a Risk Off formation.
A.M. Look 4/10/12
The Yen crosses told the story yesterday by holding big Fib support. The AUD/JPY,EUR/JPY & CAD/JPY all pretty much tested support at the same time and reversed. So did the OIL and Spu’s. General Caveat!….We’re honing in on a zone … Continue reading
A.M. Look 4/5/12 w/Euro Trade Alert!!
Welcome to this months episode of Full Moon Trading… Today into tomorrow will be important. Friday, the only ones able to trade the unemployment data will be Futures Traders. Both European & U.S Equity markets will be closed at the … Continue reading
A.M. Look 3/21/12
More of the same today…Equities indices remain bid on the breaks, with the Yen crosses continuing to hold technical re-trace levels confirming the directional capital flow has yet to change. CAD/JPY…84.10, AUD/JPY…87.30,EUR/JPY….110.25…price action under these levels would be needed for … Continue reading