Tag Archives: USD/CAD
Partial Shopping list for a further meltdown…USD/CAD
JJG..45.90-42.50 this is the level for long term traders to scale in. GE….16 AAPL…272-254 SLB…74 ish give or take REE…this should have a bounce from 9.50 TBT…34.25-80 is the first good buy zone for longer time horizon traders. TLT…96.25 is … Continue reading
A.M. Look 3/15/11
Night Owl Trading. The Spu got the stops under unchanged on the year ( where it closed Dec 31/2010) This is significant for all those buy side private wealth managers whose mantra is to just buy and average forever. They … Continue reading
S&P 500…USD/CAD
1283.60 is the # the March Spu rallied from the end of January. The June’s are now the lead month and have recognized the level.1277 is a level in the June that should not be pressed by shorts the first … Continue reading
Euro…Canada
Last week we spoke of the 139.80 Euro level showing the least risky sell area with a stop over 140 ish. We’re here. Euro bears that wish to try that trade have 2 time frames today..1st is the IMM opening … Continue reading
SPU…USD/CAD
You’ve seen the re-test of the reversal close of the all session chart of 1313. Let the market digest for the next few hours. The easy money is over for the day. This goes for the currencies as well. The … Continue reading
A.M. Look 3/1/11
Bernake testimony will be the key news driver today. The Euro is still holding the resistance on the chart pattern and we would like to see the Dollar close higher today across the board. Again, there is no need to … Continue reading
Currencies…Gold
The Euro just put in a double top on the Point & Figure charts @ 138.58 Dr. Nenner’s Tgt is 139.20 USD/CAD is creeping to the 97 tgt of Dr. Nenner ( app 103.09 (H) futures. 102.98 futures is the … Continue reading
A.M. Look 2/17/11
USD/CAD is running some short term stops under 98.30. Copper has just completed a 50 % move back on the year. We have an outside reversal day put in Tuesday with a possible outside reversal week with a close under 44810. This … Continue reading
Day Traders
Euro 135.80 ish Canada futures…101.25-36.. These are low risk levels to sell against.
The Bonds,The Buck,Gold
For now there is no bounce in the 30 Yr. The yield differentials are finally having some effect on the commodity currencies which have lagged this up move in the dollar. There is currently a double top in the Canada … Continue reading