Spu’s…N.Korea..No one cares. It will take sustained and closing price action under 2488.20 for weakness. GBP/USD…Everybody cares. Rising British rates Pounds are close to its upside target. USD/JPY…is showing a possible ORH month (weaker Yen). It will take sustained … Continue reading
Daily Market Intelligence 9-15-17
GBP/USD…have been in rally mode since the BOE release GBP/USD…Monthly EUR/GBP…Daily GBP/JPY…Daily Sterling is making new highs for the week. Last night YRA posited a 136.50 target. The cloud picks this level up as resistance. Watch … Continue reading
Daily Market Intelligence 9-13-17
British Pound held onto Friday’s gains and has remained strong against the Gold,EURO & YEN on the crosses. Let the day set up and digest the relief rally.
Daily Market Intelligence 8-30-17
Daily Market Intelligence 7-25-17
Sterling Traders.. GBP/JPY is putting in an ORL day. The cross is coming into momentum support @ 140.72. This is a caution signal for selling weakness in Sterling.
VIX…looks on track for another trip into the 9’s. QID is trading at my stop point. I’ll give this position a little time, however a strong upside flow after the U.S. opens will have me exit this position and wait … Continue reading
GBP/JPY…138.93 is today’s 200DMA. The short side of the Pound should stall into this level the first time down. Nasd 100…5623 is weekly closing momentum line that has been holding since December. GOOGL… the gap is 920.53-893.96. This … Continue reading