Tag Archives: USD/CAD

A.M. Look 10/28/13

Posted on 10/28/2013

Stocks.. EWW…Mexico finally put in a trad able low on Friday with an ORH day. Friday’s low also put in a double bottom on a weekly chart. Sustaining and closing above 66 targets 67.15-25 followed by 68.75. Meli…as long as … Continue reading →

Oh Canada

Posted on 10/24/2013

USD/CAD…is attempting an ORH week with a close over 103.87. This is an ORL for Futures traders with a close under 96.09. Sell stops are resting at 95.81 December Futures. I’m presently not convinced it’s going anywhere, however this is … Continue reading →

IUSDCAD_-_Canada_(Dollar)_Index_Monthly.gif

Posted on 05/17/2013

102.95 USD/CAD is the monthly break out #. App 97.18 in the June Futures

A.M. Look 4/15/13

Posted on 04/15/2013

Gold…has hit our downside extreme just shy of 1380. Silver…22.65-75 is a 12 year retrace level that can bounce, however the better level to buy Silver is around 21.50. USD/JPY…97.50 is first dollar support ( app 102.45 ish in the … Continue reading →

A.M. Look 3/7/13

Posted on 03/07/2013

Euro Stoxx…2700-2719 is short term resistance and the upside pivot. Spu/Bonds…the daily shows possible price rejection right here, however any sustained action above this level leads to the red line on the chart, which means the equity indices have a … Continue reading →

A.M. Look 3/4/13

Posted on 03/04/2013

Spu’s…need sustained and closing price action under 1500+-  “Friday’s Lows for lower” AUD/JPY…94.40-50 is the pivot and the weekly support. USD/CAD…103.50 seems to be the next closing barrier. macro stops are a figure away @ 104.50 AUD/USD…as long as there … Continue reading →

A.M. Look 3/1/13

Posted on 03/01/2013

Spu’s…keep it simple..yesterday’s high in the Spu/Bonds was just shy of the 18 day mvg avg..This is running the show! 1506 is pivotal…sustained price action above yesterdays close is needed to try higher. 30. yr.…the numbers haven’t changed. Euro.. short … Continue reading →

A.M. Look 2/26/12

Posted on 02/26/2013

EUR/JPY…122.36 is key resistance and the upside pivot. AUD/JPY…95.27 is resistance. recovery over 95.66 is needed for higher. Under 93.63 look for another figure lower. USD/JPY…was a classic after the Chicago pit close, sweeping of the stops, by the bots. … Continue reading →

A.M. Look 2/4/13

Posted on 02/04/2013

30 yr. Bonds…Macro sell stops lie @141.30 with 139.15 being the first  multi- year fib support. Friday saw an ORL day. Only sustained price action over 143 would be positive. Gold…needs to minimally stay above 1676 to go higher. Oil…stops … Continue reading →

A.M. Look 1/28/13

Posted on 01/28/2013

USD/JPY…the Yen needs sustained and closing price action below 90.28 (above 110.79 futures) to signal the start of a bigger change in the Yen crosses. USD/CAD…101 ( 98.89 Futures) is the level to monitor for a potential weekly double bottom … Continue reading →