Tag Archives: GBP/USD
A.M. Look 9/23/13
FX… AUD/USD…93.50 is support. 94.85 is daily resistance and the upside pivot. Commodities… OIL…104.70 will act as your short term pivot. Above, buy them before you sell and see how much you get. This level is a pivot, so conversely, … Continue reading
A.M. Look 9/17/13
Stocks.. VIX…sustained price action over 14.55 will put pressure on the indices. FX… USD/JPY…98.75 will be pivotal going forward (101.25 Dec. Futures) GBP/USD…needs to maintain above 159.60 for more upside. AUD/USD…92.75-85 is support. 94.20 is resistance. Commodities… Gold, Silver & … Continue reading
A.M. Look 9/16/13
Stocks.. Spu’s…1704-05 will be pivotal early. Below, the Spu’s could try to trade back to 1690. Bonds 30 yr. (Sept)…133.15 is resistance and the closing upside pivot. FX… USD/JPY…98.27 is Dollar support/ Yen resistance ( 101.76 Sept. Futures) GBP/USD…157.20-50 is … Continue reading
Midday Missive
OIH…48.25-30 is the big macro closing resistance area. GOOG…897 is the closing pivot. As long as this remains above you can see a rally towards 950 going into month end IBM…looks cheap compared to a lot of the board. This … Continue reading
A.M. Look 7/3/13
Stocks.. Spu’s…a close under 1590 would be negative. Nasd 100…a close below 2888 would be negative. Bonds… 30 yr. Bonds…by maintaining above 135.00 this has the potential to reach 137.20-24. TLT…needs to maintain above yesterday’s low. Price action above 110.80 … Continue reading
A.M. Look 6/18/13
Stocks.. Nikkei…13,100 is near term support. As long as this remains above 12,500 it remains on a positive footing. Closing over 13,520 will lead to more upside. Bonds… Bunds…143.75 is resistance and the closing upside pivot. FX… USD/JPY…94.90-95.00 (105.30-40 Futures) … Continue reading
A.M. Look 6/17/13
Stocks.. Spu’s…are at resistance and very near the closing upside pivots. Spu/Bonds… are once again hugging the 18 day making new direction tough to discern. Bonds… We’ll look tomorrow for the next move. FX… AUD/USD…96.73 is the next resistance. Closing … Continue reading
A.M. look 5/23/13
Spu’s …1628-30 is the first fib. Rally’s into the 50 ‘s the first time up should be sold. Nasd 100…2960 followed…2887 is the best level to look for a bounce.. SPY…a close today below 166.50 would have us looking for … Continue reading
A.M. Look 5/8/13
GBP/USD…buy stops are just over 156.10. Once above look for 157.30-60. Daily support and the downside pivot is 155.25. Below, look for a figure to the low 154’s. EUR/GBP…macro sell stops are under 83.90 Euro…131.32 is support and the downside … Continue reading
A.M. Look 4/29/13
Euro…resting stops are above 131.30. GBP/USD….156.05 is resistance. This level should reject the first time up, however once through we would be looking for 157.40. USD/JPY…98.30 ( app 101.90 in the futures) is near term resistance. Through here we’d look … Continue reading