Tag Archives: usd/jpy

Midday Missive

We were stopped out of the remainder of the AUD/JPY @ 91.00 with a 90.91 low. I chose the correct stop yesterday. Serves me right for micro managing. I still like the idea of the trade. I’m friendly to the … Continue reading

AUD/JPY…Follow Up

I like the high for now in the Yen Futures. The cross didn’t get as low as I’d like. As long as the Spu’s hold up above 1677 this should hang in. The real sell stop is below 90.40. I’m … Continue reading

A.M. Look 9/20/13

Stocks.. Spu’s…I’ll need a close over 1725 to think there is much of any upside left. Nasd 100…3240 will act as the upside closing pivot Bonds 30.yr. Bonds..130.10 is support. 132.30 is resistance FX… AUD/USD…94.25 is support and the downside … Continue reading

A.M. Look 9/19/13

Stocks.. PBR…16.56 is the 200 day mvg avg and resistance. Closing over this level is needed for more upside. Line this up with the EWZ for resistance and upside follow through. Bonds Bunds… 138.90 is the upside pivot. By maintaining … Continue reading

AUD/JPY & AUD/USD

AUD/JPY is at weekly resistance @ 92.85-90. Once above this level the spread can gain momentum. We’re looking for a test of the 200 day @ 94.44 once convincingly above this level. Price action to look for in the AUD/USD. … Continue reading

A.M. Look 9/17/13

Stocks.. VIX…sustained price action over 14.55 will put pressure on the indices. FX… USD/JPY…98.75 will be pivotal going forward (101.25 Dec. Futures) GBP/USD…needs to maintain above 159.60 for more upside. AUD/USD…92.75-85 is support. 94.20 is resistance. Commodities… Gold, Silver & … Continue reading

A.M. Look 9/12/13

Stocks.. EWP…Spain…33.07 is potential double top level on a monthly chart, however once maintaining and closing over this area, look for an initial test of 34.65 with much higher long term tgt’s. 31.75 is the buy level In Spain on … Continue reading

A.M. Look 9/10/13

Stocks.. Spu’s…1680.50 is near resistance. 1665 is support. Nasd 100… 3200 should be sticky the first time up. This is just not a level to buy strength. Bonds… Bunds…are very oversold. 30 yr…tgt’s and resistance remain the same. Italian 10 … Continue reading

A.M. Look 9/6/13

Today comes down to one thing, which is the unemployment # @ 7:30 CDT. The day will be a price action trade based off the data. Follow the Bonds for they will lead the Currencies. If the Bonds go bid … Continue reading

A.M. Look 9/4/13

FX…   AUD/USD…could get as high as 92.30’s. AUD/JPY…92.15 is weekly resistance EUR/AUD…143.11 would be an extreme low today.   General Comments or Valuable Insight  The Aussie and the commensurate crosses are what’s in play today.  EUR/AUD could eventually work … Continue reading