Tag Archives: USD/CAD

A.M. Look 2/24/12

Posted on 02/24/2012

The Yen Crosses are running the “Risk On” show. The Yen Crosses are important “Risk On” Barometers! At resistance levels in the crosses, the equities stall out. At support levels in the crosses, the short sellers get trapped causing rallies. … Continue reading →

A.M. Look 2/22/12

Posted on 02/22/2012

Platinum…leads the metals. Last night’s high (1711) was the major 2/3 rds Fib coming back up on a 4 year swing. It’s a big big level! Remind yourself that the Platinum has just rallied $300 in a few weeks. This … Continue reading →

Portfolio Adjustment

Posted on 02/21/2012

We’re moving down to a 30% Long exposure to the Oil and related names @ 4 P.M. EST. This includes..OXY,XLE,USO,OIL Futures as well as our Long Canadian Dollar position. Although this is a capital flow which I believe will play … Continue reading →

A.M. Look 2/21/12

Posted on 02/21/2012

USD/CAD…98.80-99.00 continues to be the hurdle level ( Dollar support). This runs up to 101.37 in the (H) Futures. Simply put, don’t buy Futures strength/ sell Dollar weakness into this level. The Canada will need more than one attempt at … Continue reading →

A.M. Look 2/17/12

Posted on 02/17/2012

USD/CAD..either side of 99.20 USD/CAD ( 100.70 H Futures) is the next hurdle level. AUD/USD…shows all new strength is needed above 108.00-25 for new upside. USO…a couple of closes over 40 in this etf should project another 10% toward 44. … Continue reading →

USD/CAD…Canada..Trade Alert!

Posted on 02/16/2012

Dr. Nenner was looking for 100.70 USD/CAD ( app 99.25 H Futures) to sell USAD/CAD “Buy Futures” so far, no mas. It’s early in the day, however we’re going to start a long position in the Canada Futures ( short … Continue reading →

A.M. Look 2/10/12

Posted on 02/10/2012

30 Yr. Bonds…We currently have a double top and a double bottom on the Monthly Bond Chart. 140.22 (H) Futures is the bottom level currently in play. Closing below this level, coupled with sustained price action below 140.22, would have us … Continue reading →

A.M. Look 2/9/12

Posted on 02/09/2012

The short term technical trades continue. Sector rotation remains violent intra day, with the Stock Indices continuing to creep up. 30 yr. Bonds…probed the lows of the recent range last night. Any sell off in the equities would see this … Continue reading →

A.M. Look 1/23/12

Posted on 01/23/2012

The moves over the past couple of trading days have been run off SPU/BONDS and DAX/BUND. The sell off in the Bond markets have been keeping the equities buoyant. Watch the price action in the Bond markets for clues to … Continue reading →

The Running of the Lemmings

Posted on 01/19/2012

Many instruments such as AAPL, GS ect have hit their short term upside target’s or elected the Buy stops over recent highs. Now the metal of the market will be tested. Can the breaks hold? 426.30 AAPL, 622 Goog are … Continue reading →