Daily Market Intelligence 4-11-18
AUD/JPY looks to have some room to the upside which gives me an early Equity Index Risk On bias. Some of the other Aussie crosses show the same potential. EUR/JPY stopped at its 200 DMA last night.
Yen crosses are mirroring a risk on board. EUR/JPY 132.19 is the weekly ORH# with mvg avg resistance @ 132.29. Expect price rejection the first time up to match up with the 50 DMA in the Spu’s. EXEL…25.52 is first … Continue reading
Daily Market Intelligence 3-5-18
Oil…60.75 is the weekly ORL # Yen crosses are getting into daily oversold territory. AUD/JPY,GBP/JPY & EUR/JPY. When i see something like this it smells of a short covering rally after London’s close in the Indices. The bigger game will … Continue reading
Oil…60.75 is the weekly ORL # Yen crosses are getting into daily oversold territory. AUD/JPY,GBP/JPY & EUR/JPY. When i see something like this it smells of a short covering rally after London’s close in the Indices. The bigger game will … Continue reading
Daily Market Intelligence 10-26-17
Daily Market Intelligence 10-24-17
FXE….here is a look at the FXE for those that don’t trade cash currencies or Futures. The high @ 116.40 was the 50 MMA matching the 2014 close in EUR/USD @ 120.98. EUR/JPY…132.50 is the bounce level. 30 yr. Bonds…I’m … Continue reading
Daily Market Intelligence 9-18-17