Tag Archives: usd/jpy
A.M. Look 11/30/12
USD/INR…Indian (Rupee) is putting in an ORL week, meaning the Rupee is bottoming and now starting to gain strength. I’m mentioning this because India is traditionally one of the largest buyers of precious metals for personal consumption. A strong Rupee … Continue reading
A.M. Look 9/21/12
USD/JPY…our tgt for this swing is 120 (Z) +-25 points in the Futures. app 83.30 CAD/JPY….83.20-50 should match up with the straight USD/JPY around 83 AUD/JPY…remains firm by remaining over 84.50 GBP/JPY…133 is next. A good close over this level … Continue reading
A.M. Look 11/20/12
Oil…88.40-60 is where the acceleration took place yesterday and is now support. 90.45-85 is the next hurdle zone with Fib and mvg avg resistance. 30 yr…this is the key to today’s trade. By violating and remaining under 151, there is … Continue reading
A.M. look 11/19/12
USD/CAD…price action under 99.85 should help with a Risk On Board. ( App 100.10 Futures) OIL…86.65 will be a short term pivot. With a Risk on board, look for 88.60 and then 90. 30 Yr….150.15 should still be good hold … Continue reading
A.M. Look 11/15/12
EUR/JPY…103.46 is the weekly ORH level that this cross needs to maintain above for further Yen weakness from this level. Spu’s…1364 & NASD 2540 are the short resistance levels. Price recovery over these areas are needed for any kind of … Continue reading
A.M. Look 11/13/16
USD/JPY…keeps holding the 200 day mvg avg @ 79.68, App ( 125.68 Z Futures) This level should be monitored for direction on the crosses. General Comments… The board has not changed, It’s still trading Risk off. Today should continue to … Continue reading
Yen… Trade Alert!
Close this trade out at the Market! We’re not going to pick a high in the Yen when the Board is Risk Off. We’ll eat the few ticks and take a look next week.
A.M. Look 11/9/12
Yen Futures…those of you that trade the cash or futures got filled last night on your sell order. 1/2 of the recent swing is 126.75 (Z) app 78.90 USD/JPY. General Comments… Yen traders…this is not a trade we’ll leave open … Continue reading
USD/JPY…(YEN) Daily
A strong Yen is indicative of a Risk off Board. Presently USD/JPY is trading on it’s 200 day..App 125.75 Futures. We’re looking to Buy USD/JPY ( Sell Yen ) around 79.20-30 USD/JPY.. Futures traders…126.30-40 is the area
A.M. Look 11/7/12
Gold…needs closing strength over 1727-32 for more upside. Silver…32.13 will be pivotal all day. Spu’s…same levels! Below 1402-1395 close for a downside breakout, above 1434 for the up. 30 yr. Bonds…148 +- a few is the downside pivot. Sustaining above … Continue reading