Tag Archives: Euro
Euro….EUR/JPY…Yen Crosses
141.82 now becomes the key pivotal level for the Euro. Could it actually have a lower weekly close? Start selling the rallies until proven wrong against this level. Pay close attention to EUR/JPY and the shorter retraces. 115.71 is the … Continue reading
A.M. Look 3/24/11
Spu/bonds are still going after the rejection of the old continuation double top in the Bonds of 122.08 from earlier in the year ” This was the # that the March contract took 2 months toget over. It’s has proved … Continue reading
A.M. Look 3/16/11
It’s the mid week shuffle. The stocks did a couple of Fib round trips last night to put in an 18 handle range in the S&P. Traders thinking there will be follow through on a breakout in either direction will … Continue reading
Euro…Canada
Last week we spoke of the 139.80 Euro level showing the least risky sell area with a stop over 140 ish. We’re here. Euro bears that wish to try that trade have 2 time frames today..1st is the IMM opening … Continue reading
Aussie…Euro…Silver
Aussie will put in a daily outside reversal day to the upside with a 4 p.m. NYC cash close over 101.20. The commensurate Euro price is 139.28 Silver held early today @ the 34 area and now with a close … Continue reading
Currencies…Euro…Suisse
Some of you legged the roll by lifting your short (H) Euro and Swiss on the IMM opening.. Good Job!… The Euro low was unchanged on the month and a natural pivot level.We will wait to re-sell the Euro either … Continue reading
A.M. Look 3/10/11
Silver (H) …35.15 is the level we held Friday for this past leg of the rally up. Today the bears would love to see 35.40 ish reject and start lower again during the day session. Dollar Bulls…We’re short the Euro and … Continue reading
A.M. Look 3/9/11
Euro looks like it could go as high as 139.80 ish and still be a sell against the 140 level. Silver never back filled enough for me. We were looking for a 35.385 print during the NYC day session. Since … 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
Euro Bears
A close today below 139.41 cash is needed to think you’ve seen the high in the Euro.