Tag Archives: Euro

A.M. Look 2/8/13

Spu’s…1512 bid gets it going. USD/JPY …92.19 (108.47 Futures)…91.30 (109.52 Futures) is the First big Fib back on the year. CAD/JPY…92.14 is support EUR/JPY…122.55 is first Fib support. Anything under 123 the first time down can bounce. GBP/JPY…144.95 is first … Continue reading

A.M. Look 2/6/13

Euro…sustaining under 135.10 can lead to the 134.40 Fib. USD/JPY…hit our tgt last night. Ok it was 10 pips off, 94.16 (app 106.20 futures) We’ll start monitoring the crosses and the straight dollars to see if this can begin a … Continue reading

A.M. Look 2/5/13

EUR/GBP…85.50 support… 87.70 resistance Oil…95.90-9600 is closing support. 98.25 is the upside resistance and breakout. Yen…107.34 is the ORL #. Price action around this level will telling. precious metals…appear to be winding up for another move. We think it will … Continue reading

Euro

Match up any potential short term bounce or low in the Euro with 110.90 in the Italian 10 yr. theĀ  first time down.

A.M. Look 2/4/13

30 yr. Bonds…Macro sell stops lie @141.30 with 139.15 being the firstĀ  multi- year fib support. Friday saw an ORL day. Only sustained price action over 143 would be positive. Gold…needs to minimally stay above 1676 to go higher. Oil…stops … Continue reading

EURO & EUR/GBP

We’ve put out tgt’s in EUR/JPY … USD/JPY … CAD/JPY The attached charts show the major swing that is getting close to completion in the Euro & EUR/GBP Euro..139.50 ish is the 50% Fib and the channel line of the … Continue reading

A.M. Look 1/30/13

Oil…98.09-25 is resistance and the closing upside pivot. A couple of closes over this level will be needed for more upside. 30 yr….recovery over 144.02 is needed for a trad able low. Monthly stops are under 141.30. Euro…Eur/Aud…have all come … Continue reading

Euro

Stops lie just under 132.70. Recovery over 133.56 will have the Bulls back in control. 132.20-00 is support. Shorting the Euro is the wrong way on the major crosses. This simply means that selling strength, not weakness, is the better … Continue reading

A.M. Look 1/17/13

GS…by remaining over 139.20 this can seek 149 AAPL..511-515 is resistance with sustained action over 519 needed for higher. 498 is current support. AGQ…double long Silver has closed two days now over the 200 day. As long as this closes … Continue reading

A.M. Look 1/14/13

Euro…is doing a 2 year swing. We expect to see 135. EUR/JPY…resistance is 120.60 AUD/JPY…. As long is it remains higher on the year, this cross remains an attractive buy on any descent pullback. Oil…as long as Oil remains above … Continue reading