Tag Archives: EUR/JPY
A.M. Look 1/31/11
Early Asia showed us all the extremes ( highs in the gold ,silver,oil) (lows in the Aussie,Euro,Spu). It’s the last trading day of the month! Not a good idea to fade the monthly directional flows today. The flow is long … Continue reading
A.M. Look 1/27/11
Monty Hall here. Pick your doors wisely today. EUR/JPY…..113.90 is a big closing area in this cross matching EUR/CHF…..129.50….Only sustained price action above these levels will lead to more short term Euro strength. Silver, Gold, and Oil all went up … Continue reading
A.M. Look 1/21/11
Euro…We got stopped out of the Euro with a push to a small loss depending on your execution. Long Euro/short everything will continue to be the feature for the rest of the day. Close attention should be paid to these … Continue reading
A.M. Look 1/20/11
Bonds..They act like whale duty floating at the bottom of the Ocean. Until they close higher on the year stay the course. We’ve had enough positive scalps here that we’ll close our eyes and let the market take us out. … Continue reading
EUR/JPY
110.30 is the closing level this week for an outside reversal close to the upside. It’s also 50% in the middle of nowhere for the past 6 months range, however this cross should be monitored for straight Euro traders. A … Continue reading
Currency Traders
EUR/CHF….EUR/JPY EUR/CHF approaching 124.00 is a big red flag on my work! This cross is dramatically oversold…..128.80 is Dr. Nenner’s downside tgt in the Euro. EUR/JPY will put in an outside reversal week to the downside with a close under … Continue reading