Tag Archives: GBP/USD

A.M. Look 3/4/13

Posted on 03/04/2013

Spu’s…need sustained and closing price action under 1500+-  “Friday’s Lows for lower” AUD/JPY…94.40-50 is the pivot and the weekly support. USD/CAD…103.50 seems to be the next closing barrier. macro stops are a figure away @ 104.50 AUD/USD…as long as there … Continue reading →

A.M. Look 3/1/13

Posted on 03/01/2013

Spu’s…keep it simple..yesterday’s high in the Spu/Bonds was just shy of the 18 day mvg avg..This is running the show! 1506 is pivotal…sustained price action above yesterdays close is needed to try higher. 30. yr.…the numbers haven’t changed. Euro.. short … Continue reading →

A.M. Look 2/14/13

Posted on 02/14/2013

Euro…132.70 looks to be overextended the first time down. EUR/JPY…123.85 is mvg avg support. Only maintaining and closing below this level will lead to more profit taking in the cross. EUR/AUD…anything below 128.45 will be trap territory the first time … Continue reading →

A.M. Look 2/11/13

Posted on 02/11/2013

EUR/AUD…needs a close over 130.60 for higher. AUD/USD…102.56 is last weeks low, with recovery over 103.11 ( 200 mvg avg needed for higher) 102-102.30 is a multi year pivot zone. GBP/USD…having failed near the 200 day mvg avg, closing under … Continue reading →

EURGBP_-_DM-Euro_Great_Britain_Index_Weekly.gif

Posted on 02/08/2013

This is doing a deeper retrace than our first look early A.M. 84.00 +- 15 ticks is the next area. GBP/USD…158.85 +– 15 ticks should line up with this next level This is also the 200 day in the Sterling, … Continue reading →

A.M. Look 1/4/13

Posted on 01/04/2013

Silver…29.83 is the weekly ORL #. Failing to recover early and sustaining back over this level can give way to the low 28’s Gold…1654.10 is the matching weekly ORL #. 1637.60  was the Dec. unemployment low with stops below. 30 … Continue reading →

A.M. Look 12/4/12

Posted on 12/04/2012

Spu’s…price action back above 1414 will trap the new shorts from yesterday. Nasd 100 is holding around it’s 200 day. This needs some price separation from this zone for new direction. Gold…has filled out it’s downside on the long term … Continue reading →

A.M. Look 9/14/12

Posted on 09/14/2012

AAPL…a close today over 682.48 is needed for an ORH week. Euro…is trying to complete the first major Fib swing on a 2 year look @ 131.50. GBP/USD…stops are over 163.05 tgting 164.20. EUR/JPY…102.54-86 CAD/JPY…sustaining and closing over 80.86 should … Continue reading →

A.M. Look 5/17/12

Posted on 05/17/2012

Rallies to nowhere. Sell rallies not breaks until this plays out. The patient Day trader will be able to make money from both sides of the market. We’ll look around the board this A.M. to see if there are any … Continue reading →

A.M. Look 4/26/12

Posted on 04/26/2012

EUR/GBP…has been a big mover over the past month. This cross is getting mildly oversold on the intermediate time frames. It’s also 50% back on a 6 year swing ( a big swing). Forex players involved in this cross should … Continue reading →