Tag Archives: USD/CAD
A.M. Look 5/4/16
Daily Market Intelligence 5-4-16
Canadian Dollar
Canadian Dollar
Currency Patterns
GBP/JPY… USD/CAD… AUD/USD..The July 2015 high Aussie broke from was 77.40 which is now monthly resistance that needs to close above.
Canadian Dollar
We’re at my next target for Canadian Longs. While the Dollar chart shows there is room for another 60 futures ticks, this will take some work into the first major fib @ 126.65 (App 78.95) to set up for a … Continue reading
Midday Missive
Mind your Time Frame Flows the rest of the day. Bonds just came down to yesterday’s opening range which is enough for now given the profit taking that is coming out of London in the Equity Indices. With Canada trading … Continue reading
A.M. Look 2/16/16
Stocks… Nikkei… SHCOMP… Bonds.. 30 YR. …will take a close under 165.08 to weaken and signal more Risk On. TLT… FX… Yen… Yuan…6.45 is the level to monitor for long term trend. Commodities… Gold…1194 is trend support and … Continue reading
A.M. Look 2/4/16
Stocks… AMZN…closed below it’s 200 DMA for the first time since Dec 2014. GOOGL…a good close below 735 is needed for another big sell off XLI…as long as this sector holds a sell off into the low 49’s and does … Continue reading
Midday Missive
OIL…33.98 was the high of the previous rally before we went to new lows. Above look for a print @ 34.74. Closing over 35 will crush the shorts. All the Oil currencies have bottomed. Buy any descent pull back in … Continue reading
A.M. Look 1/25/16
Stocks… Spu’s …1909-13 is the exit zone for new longs. Sustained price action above this level is needed for higher. MCD…earnings are out in pre-market. This name has held up well during the sell off. AAPL…earnings are out after the … Continue reading