Tag Archives: Euro
A.M. Look 9/25/12
Gold…there are resting sell stops starting below 1757 with more under 1750. There are resting buy stops above 1800. Silver…35.25 is the upside closing break out. There should be small sell stops below yesterday’s low. GDX…the miners don’t act particularly … Continue reading
A.M. look 9/24/12
Euro…128.28 is the 200 day mvg avg. AUD/USD…103.78 followed by 103.40 is the near term support 30 yr. Bonds…148.16 resistance Oil… 91.44 close is the downside pivot General Comments… We’ve seen a small sell off in risk assets, coupled with … Continue reading
General Comments
After some panic buying this A.M. our upper tgt’s were hit in the EWZ, close enough in the TBT, and to the tick in the 30 yr. Futures. We’re looking to Buy hard breaks in Risk assets and Sell hard … Continue reading
A.M. Look 9/13/12
Euro…129.95 + a few…131.46-50 GBP…162.37 is the April/May close we broke from. EUR/CHF…which has looked like a heart monitor on a corpse for the past 8 months, is attempting an ORH month with a close over 120.92. Last week was … Continue reading
A.M. Look 9/12/12
EWZ…55.90-56.09 is first resistance with stops above. 56.80 is first yearly fib resistance. Closing above will tgt 58. XCO…we’re looking to take some money off the table over $8. 8.25-30 is a good spot to sell 70% of your position. … Continue reading
A.M. Look 9/11/12
Natgas…put in an ORH day yesterday. The Daily Pit chart shows 2.90 as a big mvg avg cross. Sustaining and closing above this level will lead to higher prices. AUD/USD…is caught between 103.25 and 104.15-25. AUD/JPY…80.69-62 is an important hold … Continue reading
A.M. Look 9/10/12
Silver…33.30 was last qtr’s high, by remaining over ( or holding the breaks to 33.30) keeps Silver from having a deeper re-trace. This will be a descent short term pivot. Gold…just an observation about the RSI’s on a Qtrly chart. … Continue reading