Tag Archives: EUR/JPY
Was that the low for USD/JPY?
Ok this was for the A.M. I do not wish to get into the habit of commenting at night! First a brief fyi on the Yen price action. Shades of 1995 and before when that type of currency movement was … Continue reading
EEM..EWT…GOOG….AAPL.. GE….SPU…
If we get anywhere near 1334 ish SPH (MARCH S&P) today take off at least 70% of these trades. Then raise your stops to break-even. The Euro hit big support this a.m. @ 138.60 ish. It will now be the … Continue reading
A.M. Look 3/4/11
Silver….34.045-33.965 is the key short term support level which is also yesterdays all session low. Resistance…34.51-52 is the start going up to 34.695. This will become a price action trade. A violation and a close below 33.965 is negative in … Continue reading
Euro Bears
This is the spot to give it a shot on the short side with a 25 point stop intra day, however I would only try it with 25% of your usual position mainly due to the time of the day and it … Continue reading
A.M. Look 2/23/11
Euro…137.45 is the last high we broke from. This level will now act as an upside pivot for a possible another 100 points. Eur/Jpy is still the firm cross with short term tgt’s another 4 figures up. For those tgt’s to be … Continue reading
EUR/JPY
136.60 Euro is a match with 114 +- Eur/Jpy.. Eur/Jpy is running the show in the straight Euro.. Pay attention to these macro levels for further price action.
A.M. Look 2/16/11
The 30 yr.Bonds have finally probed the old support #’s of 119.08-15 last night. For short term traders we prefer to sell the rallies into this area. Euro will be back on the menu today. Pay close attention to this … Continue reading
Daily observation
Eur/Jpy…Eur/Chf are positive on the day ( choose your resistance wisely in the Euro) FXI..has held a big level on the downside.. Both Gold and Silver have held support for now. We will be looking to add to our long … Continue reading
A.M. Look 2/9/11
The early action looks to be muted, the entertainment will have to wait for the API #’s in Crude and Uncle Ben’s testimony later in the morning. As previously stated: the Euro is strong on the crosses! Look instead to sell 80 point … Continue reading
A.M. Look 2/8/11
It will be a day traders kind of day. Price action below 1314 on the Spu P&F shows a little more weakness in the Index. Price action over 1320… the P&F’s show more strength. All the action is in the … Continue reading