Tag Archives: Forex
A.M. Look 3/28/11
The macro # sets have not changed in the Currencies or Oil from last weeks missives. We are paying close attention to the Metals and the Dollar this week, as it is Qtr end, to see if the Greenback can stage a … Continue reading
Suisse…USD/CHF
Futures…108.44-60 is a do not sell or cover zone the first time down. app 92.15 USD/CHF
EURO
140.30-50 is a cover zone the first time in. Once fully breached you can expect the Euro to move in 80 pip increments. 139.30-60 is a very big closing area. Remember these are Cash #’s and the forward discount to … Continue reading
Euro….EUR/JPY…Yen Crosses
141.82 now becomes the key pivotal level for the Euro. Could it actually have a lower weekly close? Start selling the rallies until proven wrong against this level. Pay close attention to EUR/JPY and the shorter retraces. 115.71 is the … Continue reading
Aussie…Uranium Stocks…CCJ
The resistance in the Aussie should now come in @ app 101.60 cash or 100.65 June futures. Many of the uranium stocks are trading below their respective 200 Day Mvg.Avgs. Price action back above 30.34 CCJ and 3.90 Euc will … Continue reading