Tag Archives: USD/CHF
Midday Missive…Currencies
GBP/USD…159.85 is the 50% Fib for the past 2 years. Sustained price action below this level projects to 158.50. AUD/USD…still targeting 85.00 USD/CHF…96.80 is the next closing momentum level. (103.30 Futures) is support and the closing downside pivot.
A.M. Look 8/12/14
Stocks… Spu…is caught between 1932 support & 1939 resistance. 1952 is 50 DMA resistance. Nasd 100…looks better than the broader market. 3910-15 is resistance and the closing upside pivot. Do not fade price action above 3920. AAPL…sustained price action … Continue reading
A.M. Look 7/21/14
Stocks… Nasd 100…could slide back to 3885-90 and be good after Friday’s ORH day. FTSE…is caught between 66653 & 67160. This needs above or below for follow through. NEOG,VIVO,NBIX,THRX,ABBVIE,AGN…are reporting in the biotech world today. NEOG looks to have the … Continue reading
A.M. Look 7/16/14
Stocks… BAC…needs a close over 16.20 for a sustained move higher. AAPL…we’ve raised our stop to break-even. Bonds… 30 yr. Bonds…are stuck. Only a close below 136.10 would lead to a Bond sell off. FX… Euro…a close below 135.30 … Continue reading
Midday Missive
SCIF…Market vectors small cap India is holding. This has the potential to rally to 49 as long as it holds today’s low of 46.87. ORCL…needs a close over 40.85 to confirm higher. Spu’s…1960 is today’s key closing level to keep … Continue reading
Euro & Swiss Franc
USD/CHF…88.00 Suisse becomes a significant momentum level on the weekly-semi annual charts. It is a big momentum area. If you take the time to look at an hourly chart, both the Euro & Swiss move started with the opening of … Continue reading
A.M. Look 2/14/14
Stocks… Nasd 100…3633 is closing support. JPM & COF put in ORH days. The financials are starting to catch a bid. XLF… came close to an ORH day and the chart pattern looks positive. Bonds.. 30 yr. Bonds… are currently … Continue reading
Currencies
GBP/USD…is attempting an ORL day with a close below 165.18. it is presently into near term support. USD/CHF…is into support @ 90.25 (app 110.85 Futures) EUR/JPY…is attempting an ORL day with a close below 144.50. GBP/JPY…is attempting an ORL day … Continue reading
A.M. Look 12/27/13
Stocks.. AMZN…looks to have more to go on the upside, possibly as high as 420. This is another momentum instrument that can close on or close to it’s highs for the year. It’s up 25% this qtr alone. Prudence … Continue reading