Tag Archives: Euro
A.M. Look 10/9/13
Stocks.. Bonds FX GBP/USD….are testing the 159.40 pivot level. They either bottom right in here or break another 200 points. USD/CHF…is putting in an ORH day. The Swiss Franc is breaking back to the downside, which is reflective of less … Continue reading
USD/JPY…AUD/USD…Further Thoughts
97.47 ( App 102.59 Futures) is today’s OR # Running the stops through this level will lead to a test of 97.85 (102.19 Futures). With a little help from the Equity Indices we can hopefully get filled selling 1/2 our … Continue reading
Euro…Pattern Alert!
Euro is running the currency crosses. Maintaining and closing over 135.20 ( today’s ORH #) is price positive. Today’s low was a retest of the monthly breakout # of 134.52. By remaining over 135.20 this tgt’s 136.00. 137.00 is monthly … Continue reading
A.M. Look 9/12/13
Stocks.. EWP…Spain…33.07 is potential double top level on a monthly chart, however once maintaining and closing over this area, look for an initial test of 34.65 with much higher long term tgt’s. 31.75 is the buy level In Spain on … Continue reading
A.M. Look 9/4/13
FX… AUD/USD…could get as high as 92.30’s. AUD/JPY…92.15 is weekly resistance EUR/AUD…143.11 would be an extreme low today. General Comments or Valuable Insight The Aussie and the commensurate crosses are what’s in play today. EUR/AUD could eventually work … Continue reading
Midday Missive
Back and forth we go in the Equity Indices. I view this a technical range trade. The Spu’s need to elect the 1625 sell stops to entice new sellers. We’ve seen another failure to rally anywhere in the broader indices … Continue reading
A.M. Look 8/30/13
Stocks.. Nasd 100…3083 was last months close. It all comes down to the end of day, will it close higher or lower on the month? Bonds… 30 yr….132.15 has to hold on a break for higher. FX… Euro…needs a close … Continue reading
A.M. Look 8/29/13
Stocks.. Spu’s…are caught between 1627 and 1638. Nasd 100…needs to sustain over 3085 for higher. Bonds… No change FX… Euro…is into short term support at 132.40-20. EUR/AUD…a close under 148.22 is needed for help with more Euro weakness Commodities… Gold…so … Continue reading
Midday Missive
Emerging market currencies… The Mexican Peso, Brazilian Real and the Indian Rupee are all extremely oversold. This leads us to their respective Stock etf’s which look to be good candidates for an oversold bounce as well. Pay attention to the … Continue reading