Tag Archives: Forex Markets

30 yr….SPU/BONDS…Euro

145.20 in the 30 is the next area to watch for a reaction in the spread. 1255-59 is the bigger support in the Spu’s. I’m still looking for that 1259 print. Euro…126.87…Short covering can occur back over this area, yesterday’s … Continue reading

A.M. Look 1/13/12

Oil…100.55 close now becomes a similar level to 105-105.31 All new closing strength is needed over these levels for new upside. Brent shows the same pattern with new closing strength back over 112.20 needed. Short term sell stops are 98.30 … Continue reading

Pattern Alert…AUD/JPY

A Friday close over 79.74 puts in an outside reversal week to the upside. This should match up with a close in the AUD/USD over 103.80-104 level. App ( 103.15-20 ish H Futures) We would view this as Bullish for Commodity … Continue reading

A.M. Look 1/12/12

There is a lot on tap this A.M….ECB & BOE Rate decisions….USDA Crop Report Copper…This is trying to break out to the upside. MCP is a good way to play this. Buy breaks with a 26.30 stop to see if … Continue reading

A.M. Look 1/11//12

Crop report tomorrow…..grain and Grain names will be in play Spu’s…Our focus will be limited to 2 levels…1280 & 1259.. 1280 will be pivotal early. Gapping below for the pit session and failing to rally back over would be bearish.. … Continue reading

A.M. Look 1/9/12

Euro…This is having an oversold bounce. It will be interesting to see if this can turn into a short rout given a few days of price action. Aussie…needs a close over 103.80 for an upside breakout or under 100.30 AUD/USD … Continue reading

Aussie & Canada

First off let me thank the wonderful technology company “CQG” for having me basically in the dark for the past 10 hours while their tech people have been inside my brand spanking new Dell trying to sort out glitches in … Continue reading

CADCHF…Long Canadian Dollars/Short Swiss Francs

This chart is Long Canada/ Short Swiss franc.. While the short term charts show that selling Euro & Swiss weakness is problematic, buying hard breaks in the Canada or the Aussie against shorting the Euro & Swiss looks like this … Continue reading

Gold & Silver, EURJPY critical level | A.M. Look 1/4/12

Metals….all new strength is needed over 1628-30 in the Gold and $30 Silver to start another leg up. I think this will be a day trade until Friday at this point. We’ve seen 3 swan dives after unemployment #’s since … Continue reading

A.M. Look 12/16/11

Today is our last scheduled update into year end. We will be leaving for client meetings in Asia, returning just before year end. A big thank you to my clientele, you still make it enjoyable to stare at the screen … Continue reading