Tag Archives: GBP/USD

Midday Missive

Bunds, U.S. Treasuries & Gilts are being liquidated with all those dollars buying equities. Today it’s been Energy & Banks seeing some of the biggest gains with tech taking a breather @ Nasd 100 resistance.BHP & FCX are looking like … Continue reading

Midday Missive

U.S. Equity indices have had a nice relief rally although those gains have faded with the Nasd 100 failing to hold above 4353. EURO…111 is the downside closing pivot for the qtr. It’s a 4 P.M. CDT level. Most clients … Continue reading

BREXIT Technicals

Euro…106-105.50 is the next major level with sell stops below. YEN…we’re back to 2013 levels @ 99.01 USD/JPY 101.24 Futures. Given the 3 figure bounce off the level the next extreme is 94.88 USD/JPY 105.39 Futures. GBP/USD…elected the stops through … Continue reading

A.M. Look 6/23/16

EURO…I’ve been waiting for a confirming close under 111.00 to sell Euro. ​EUR/JPY.. .​ GBP/USD… ​GBP/JPY​…158.69 is weekly resistance. ​Spu/Bonds​…Risk was on during early Wellington and never subsided As a day trader I’d look to fade the entire board for … Continue reading

Daily Market Intelligence 6/23/16

Daily Market Intelligence 6-23-16

Daily Market Intelligence 6/22/16

Daily Market Intelligence 6-22-16

A.M. Look 6/21/16

With a Risk On board the wheels are coming off several trades. Yen…is trying to top after retesting 97.00 Futures. Lower yen is typically Risk ON.  GC/EURO ​GC/Swiss Franc.. ​ ​I’m a little surprised that the Oil is not higher. … Continue reading

A.M. Look 6/20/16

The board went Risk on last night with the latest Brexit Poll. Deutsche Bank is up close to 4% this A.M. EUFN should be a big winner this A.M. DAX…. GBP/USD.. . ​30 Yr. Bonds.. . Gold…1278-80 is near support … Continue reading

A.M. Look 6/17/16

30 Yr. Bonds… ​GBP/USD…we’ll see how much more squaring up there is before London’s close as the truce in the Brexit campaign could last through the weekend. GOLD.. ​ ​Spu’s need under 2062 to weaken and above 2078 to rally. … Continue reading

The Late Show

GBP/USD…this is a big blow off in the Sterling which matched up with the Sept Spu trading 1 dollar shy of it’s matrix.   ​Gold has been in profit taking mode since late London​ reacting to the low in the … Continue reading