Euro traders….keep a weather eye on the Italian Bond technical s for price rejection in the Euro. Euro buy stops are over 130.10-20
AUD/JPY…shows a double top on the P&F @ 99.50. 98 +– a few seems to be the next descent level of interest. FBTPM…Italian 10 yr…shows initialĀ support @ 108.40. 30 yr. small buy stops are 143.16. The lowest risk sell … Continue reading
FBTP…10787 is an important technical hold and will be pivotal for the next move. By holding the breaks to this level the market can try up towards just shy of 111. Conversely, by maintaining under last night’s low, this will … Continue reading
Match up any potential short term bounce or low in the Euro with 110.90 in the Italian 10 yr. theĀ first time down.
Currencies…we’re not touching anything until Monday, mid morning. Euro/Gold & Suisse/Gold…are hanging around the 200 day again. This will make trading the Gold difficult, so we’ll just leave our stop alone. The worst thing that happens is we make some … Continue reading
Euro… buy stops are 131.72, with 132.50 being a sell zone the first time up. 30 yr…weekly stops are under 147.10-12. This is also the 50% of the recent range. 147.00 would be a good place for short term traders … Continue reading
Euro traders should use 105.20 to match up with resistance levels in the currency.
30 yr. Bonds…145.04 ( possible double bottom on the weekly), 144.20 ( 200 day mvg avg), 143.25 are the levels to coming down. Bunds..141.09 is 1/2 way back on the year. Italian Bonds…102.14-34…possible double top area on the monthly chart. … Continue reading