Tag Archives: usd/jpy
A.M. look 5/23/13
Spu’s …1628-30 is the first fib. Rally’s into the 50 ‘s the first time up should be sold. Nasd 100…2960 followed…2887 is the best level to look for a bounce.. SPY…a close today below 166.50 would have us looking for … Continue reading
IUSDJPY_-_Japan_(Yen)_Index_Quarterly.gif
Futures traders…95.50-95.00 is the spot to cover short Yen positions On any Risk On rout after Ben has his say.
Morning Missive
Bunds…German 10 yr. Bond…is coming into weekly support @ 144.24. Sell rallies not breaks. 30 yr. Bonds…need to maintain under 144 for lower. TBT…tried the resistance @ 66 again. That is qtrly resistance and the upside closing pivot. USD/JPY…103 is … Continue reading
A.M. look 5/20/13
USD/JPY…needs under 101.85 “app 98.15 in the June Futures” to see much profit taking. 30 yr. Bonds…sell stops are143.16. The next set of macro sell stops are @ 142. As long as the Bond rallies fail just over 144 we’ll … Continue reading
A.M. Look 5/13/13
30 yr. Bonds…after putting in an ORL day and week on unemployment, Bonds are attempting the triumvirate which would take a close under 144.00 at Month end. Spu’s…still need some sustained and closing price action under 1619 for lower. Gold…needs … Continue reading
A.M. Look 5/10/13
USD/JPY…is poking it’s head up on the monthly, which could lead to the Yen eventually moving to the 107 area and beyond. In the meantime were at multi year levels in USD/JPY and EUR/JPY which will make me reticent to … Continue reading
Yen & Yen Crosses
USD/JPY @ 100.60 ish has now completed a 50% swing back from 2007 while hitting the same swing and tgtin EUR/JPY @ 132. This is an exit zone for Dollar Bulls the first time in. You’ve seen a massive running … Continue reading
A.M.Look 5/1/13
Oil…92.05 shows a double bottom on the bar chart with stops below.91.72-82 is moving avg & Point & Figure support. 91.16-35 is the first place to look for a bounce. USD/JPY…97.00-05 is the next to watch for market tone. “103.05 … Continue reading
USD/JPY…Yen Futures
96.25 USD/JPY ( app 103.85 In the June Futures) FXY…101.83 Day-Traders… This is the lowest Risk spot to Sell Yen & FXY…BUY USD/JPY “the first time up” for a reaction trade. You’d be looking for 70-80 points off this level. … Continue reading
A.M. Look 4/29/13
Euro…resting stops are above 131.30. GBP/USD….156.05 is resistance. This level should reject the first time up, however once through we would be looking for 157.40. USD/JPY…98.30 ( app 101.90 in the futures) is near term resistance. Through here we’d look … Continue reading