Tag Archives: Euro
A.M. Look 3/1/11
Bernake testimony will be the key news driver today. The Euro is still holding the resistance on the chart pattern and we would like to see the Dollar close higher today across the board. Again, there is no need to … Continue reading
Euro…Gold
I want to use any strength the rest of the day to sell Euro for an intermediate term trade. We’ll use a stop over today’s highs as our risk parameter. We will have a short position going home today. We still have … Continue reading
Currencies…Gold
The Euro just put in a double top on the Point & Figure charts @ 138.58 Dr. Nenner’s Tgt is 139.20 USD/CAD is creeping to the 97 tgt of Dr. Nenner ( app 103.09 (H) futures. 102.98 futures is the … 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 2/18/11
Euro…135.50 will be the level to monitor late in the day. With all the big rallies this has put on against the various crosses the Euro has closed lower for the past 3 weeks, let’s see if they make it four out … Continue reading
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
A.M. Look 2/14/11
The currency trade will be difficult at best. Dollar bulls have to wait for the rallies to sell currencies. Eur/Chf has a double top on the monthly at 132.08. As you can clearly see the Euro is now the feature … Continue reading