Tag Archives: Euro
A.M. Look 5/10/13
USD/JPY…is poking it’s head up on the monthly, which could lead to the Yen eventually moving to the 107 area and beyond. In the meantime were at multi year levels in USD/JPY and EUR/JPY which will make me reticent to … Continue reading
Be Vigilant…
Euro…129.70 is the qtrly pivot and support.. AUD/USD…is breaking down on the monthly charts after electing the 101.15 sell stops. Equity Indices…will make a decision on direction in the next 45 minutes. All this price action has happened with out … Continue reading
A.M. Look 5/8/13
GBP/USD…buy stops are just over 156.10. Once above look for 157.30-60. Daily support and the downside pivot is 155.25. Below, look for a figure to the low 154’s. EUR/GBP…macro sell stops are under 83.90 Euro…131.32 is support and the downside … Continue reading
A.M. Look 5/3/13
Gold…needs over 1486 or under 1440 for a new signal. 1536-39 isgood low risk resistance. Lower retests are 1420 followed by 1400. Silver…24.30 is resistance and the upside pivot. Buy stops are 24.80 which could lead to another dollar higher. … Continue reading
XHB…SPU ( SDS)…WTR..CAT…EURO
The home builders and the Spu’s seem to be following the same swing or pattern, just failing to give even a 30 % correction, from this last little wiggle. The world has put back on it’s blinders and trading masks. … Continue reading
The First Wiggle…
Euro…held perfect support @ 131.30 on the rate cut for the first bounce. New strength above 132.30 should not be faded. 30 Yr. Bonds…148.18 is first support. Resting weekly sell stops are 148.09 TLT…122.50 is where the bigger support comes … Continue reading
A.M.Look 5/1/13
Oil…92.05 shows a double bottom on the bar chart with stops below.91.72-82 is moving avg & Point & Figure support. 91.16-35 is the first place to look for a bounce. USD/JPY…97.00-05 is the next to watch for market tone. “103.05 … Continue reading
A.M. Look 4/29/13
Euro…resting stops are above 131.30. GBP/USD….156.05 is resistance. This level should reject the first time up, however once through we would be looking for 157.40. USD/JPY…98.30 ( app 101.90 in the futures) is near term resistance. Through here we’d look … Continue reading
A.M. Look 4/25/13
Oil…we got to 92 a little faster than I expected. All new strength is needed over 92.25 is needed for more upside. Brent…102.25 is Fib resistance. 102.90 can reject the first time up with the next good resistance and tgt … Continue reading
A.M. Look 4/23/13
30 yr. Bonds..149.11 is the next level. Euro…129.60 is support. I wouldn’t look for much under 129.40 on an initial push. AUD/JPY…100.75 is intermediate support. The weekly shows a test of 99.20 is possible by not recovering back over 101.25. … Continue reading