Tag Archives: usd/jpy

A.M. Look 2/12/13

Posted on 02/12/2013

USD/JPY…point & Figure shows a double top ( Bottom in Futures) @ 94.40. Our downside tgt of 106.20 futures/ 94.16 USD/JPY has been reached. 105.32 Futures is the next level of interest. EUR/AUD…as long as this remains over 130.40 this … Continue reading →

A.M. Look 2/8/13

Posted on 02/08/2013

Spu’s…1512 bid gets it going. USD/JPY …92.19 (108.47 Futures)…91.30 (109.52 Futures) is the First big Fib back on the year. CAD/JPY…92.14 is support EUR/JPY…122.55 is first Fib support. Anything under 123 the first time down can bounce. GBP/JPY…144.95 is first … Continue reading →

A.M. Look 2/7/13

Posted on 02/07/2013

Spu’s…maintaining above 1512 would have traders looking for another 20 points. Closing below 1490 would be a short term pattern breakdown. 30 yr….buy stops rest above 144. Sell stops 142.20 Oil.. minor buy stops above 97.05 will lead to 97.50 … Continue reading →

A.M. Look 2/6/13

Posted on 02/06/2013

Euro…sustaining under 135.10 can lead to the 134.40 Fib. USD/JPY…hit our tgt last night. Ok it was 10 pips off, 94.16 (app 106.20 futures) We’ll start monitoring the crosses and the straight dollars to see if this can begin a … Continue reading →

A.M. Look 2/5/13

Posted on 02/05/2013

EUR/GBP…85.50 support… 87.70 resistance Oil…95.90-9600 is closing support. 98.25 is the upside resistance and breakout. Yen…107.34 is the ORL #. Price action around this level will telling. precious metals…appear to be winding up for another move. We think it will … Continue reading →

EURO & EUR/GBP

Posted on 02/01/2013

We’ve put out tgt’s in EUR/JPY … USD/JPY … CAD/JPY The attached charts show the major swing that is getting close to completion in the Euro & EUR/GBP Euro..139.50 ish is the 50% Fib and the channel line of the … Continue reading →

A.M. Look 2/1/13

Posted on 02/01/2013

Silver…32.50 is resistance and new action over this level is needed for higher. 30.60 + a few is support and the 200 day mvg avg. This has to go 31.10 sellers for a try lower. Gold…1700 is the upside barrier … 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 →

A.M. Look 1/25/13

Posted on 01/25/2013

One of the brightest and innovative figures in the trading world, the greatest man I’ve had the pleasure to have known and a Hall of Fame Human being, was taken from us Wednesday in a tragic traffic accident, His name … Continue reading →

A.M. Look 1/23/13

Posted on 01/23/2013

EUR/JPY & AUD/JPY…last night’s lows both came down into mvg avg support which held. Closing under those lows will lead to a descent correction. For now it’s just some profit taking and noise coming out of Davos. USD/JPY…our futures levels … Continue reading →