Tag Archives: USD/CAD

A.M. look 9/24/12

Posted on 09/24/2012

Euro…128.28 is the 200 day mvg avg. AUD/USD…103.78 followed by 103.40 is the near term support 30 yr. Bonds…148.16 resistance Oil… 91.44 close is the downside pivot General Comments… We’ve seen a small sell off in risk assets, coupled with … Continue reading →

A.M. Look 9/21/12

Posted on 09/21/2012

Intermediate near term Pivots… Oil…as long as the Oil remains above 91.44 close it has a positive bias. Spu’s…closing below 1450 puts this on the defensive. Closes above 1462 are positive. Nasd…2840-45 now becomes our downside pivot. Closes above 2860 … Continue reading →

A.M. Look 9/20/12

Posted on 09/20/2012

USD/JPY…79.22 will be our macro pivot. ( App 126.40 Futures). Look for this level to run the Yen crosses against the Commodity Currencies. Use the crosses as the general risk tools they’ve been all year. CAD/JPY…AUD/JPY up, it’s Risk On. … Continue reading →

A.M. Look 9/14/12

Posted on 09/14/2012

AAPL…a close today over 682.48 is needed for an ORH week. Euro…is trying to complete the first major Fib swing on a 2 year look @ 131.50. GBP/USD…stops are over 163.05 tgting 164.20. EUR/JPY…102.54-86 CAD/JPY…sustaining and closing over 80.86 should … Continue reading →

A.M. Look 9/5/12

Posted on 09/05/2012

USD/CAD…98.41 represents a double bottom on the Dollar chart. The corresponding futures level is 101.56, with 101.68 being the April high. This is the area that has to sustain above to rally. OIL…came down into initial support last night. Recovery … Continue reading →

A.M. Look 8/29/11

Posted on 08/29/2012

General Comments…. There is nothing new to speak off this a.m. All eyes are focused on Friday. Model Trading Portfolio ……………..                          Stop Close       Profit Points Long XCO                             6.80                8.40/9.00 / 11 Long Gold                           Long GLD Long EUO/Short … Continue reading →

SDS…Gold…Position Update

Posted on 08/16/2012

Looking around the board we’re close to playing the match game over a wide array of asset classes. EFA, SPU, DAX, Euro Stoxx 50, Oil, USD/CAD, AUD/JPY, 30 Yr Bonds, Gold… We’re coming into go or no follow through territory. … Continue reading →

A.M. Look 6/18/12

Posted on 06/18/2012

Currency Futures expiration @ 9:15 CDT….Canada Tuesday ….Bond Futures Wed. Spu’s…1349-52 is Fib resistance and a possible weekly double top area. 1333 is the pivot. Nasd…2571 is a fib match with the 100 day mvg avg. 2610 is the 50 … Continue reading →

A.M. Look 6/7/12

Posted on 06/07/2012

Nasd (M)…2574 is Fib resistance…2571 is the weekly ORH level with stops above. Spu’s (M)..1322 Fib resistance ….1334.20 is the weekly ORH level with stops above. This is also a 50% re-trace of the entire move. 1345 would be the … Continue reading →

A.M. Look 6/4/12

Posted on 06/04/2012

Full Moon Trading Tonight, that means half the world has their Ouija Boards out and you should have your track shoes on. Spu‘s…the downside levels will remain static. 1252.60 is last years close. 1243 is the next meaningful Fib support. … Continue reading →