Tag Archives: USD/BRL
Uncle Buck
The outside reversal week in USD/NOK looks to be a lock. Last week it was the Brazilian Real, UUP, and the Dollar Index The average big standard deviation move in a major currency is usually 8-10 figures. You got that this week … Continue reading
Grains…JJG…USD/BRL
The Soybeans pattern shows a double bottom on the weekly charts and will put in an outside reversal week to the upside with a close over 13.52 PIT close, however the big challenge is to close over the closes of … Continue reading
USD/CAD…GOLD…USD/BRL
95.64 USD/CAD…a close over this level in USD/CAD ( under 104.43 futures “CAM”) will put in an outside reversal day. Gold..a close below 1495 today would put in an outside reversal day to the downside after making new all time … Continue reading
A.M. Look 4/11/11
Sometimes the best course of action is to watch. Our Bond trade is working, the stocks are a brutally hard trade with the Nasd continually failing at the 2350 level.In general all the commodities are very pricey. The one point … Continue reading