Tag Archives: usd/jpy
Yen…Euro Trade Alert!!
I’m looking for an 84.00 USD/JPY print ( app 118.95 ish H Futures) Yes!!!.We’re taking our money around the 130 level in Euro Today….Closing Trade. Sure, it can go farther. Monthly stops start @ 129.75 thru 129.59, which is unchanged … Continue reading
Pattern Alert…Yen & Yen Crosses
ORH & ORL Daily Patterns… Yen (H) Futures would need a close over 125.12 USD/JPY….a close under 79.90… ORL EUR/JPY…106.81 …with the 200 day @ 107.11 ORL AUD/JPY….85.64…ORL CAD/JPY…80.09….ORL These are price negative patterns!
A.M. Look 2/27/12
Yen…missed the long -term sell stops in the Futures by 13 ticks @ 123.43,( 81.75 USD/JPY) just after the opening last night. Since the opening hour, the board has been in “Risk Off” profit taking mode. 80.30-40 USD/JPY needs to … Continue reading
A.M. Look 2/21/12
USD/CAD…98.80-99.00 continues to be the hurdle level ( Dollar support). This runs up to 101.37 in the (H) Futures. Simply put, don’t buy Futures strength/ sell Dollar weakness into this level. The Canada will need more than one attempt at … Continue reading
A.M. Look 2/17/12
USD/CAD..either side of 99.20 USD/CAD ( 100.70 H Futures) is the next hurdle level. AUD/USD…shows all new strength is needed above 108.00-25 for new upside. USO…a couple of closes over 40 in this etf should project another 10% toward 44. … Continue reading
A.M. Look 2/16/12
Spu’s …1329.50-1332 is the level it’s been trying to print for the past 2 weeks. Just don’t initiate a short into this level. It’s a Bear trap area the first time down. Presently the Spu’s need back over 1342.50 for … Continue reading
The Plungers are taking early control..
SOX…Just put in a potential double top on the weekly charts. Support looks to be around 42300. USD/JPY..has been running the show all morning, after hitting near term Dollar support all the crosses went into retrace mode. AAPL…has completed a … Continue reading
A.M. Look 2/15/12
One trait of a Bull Market is that it spends all day trying to brake and just a few minutes rallying. Spu’s…will stop all the way up, at every macro level, where new shorts will come in to try and … Continue reading
USD/JPY
78.75-88 USD/JPY (15+- 127.00 H Futures) should provide some descent dollar resistance ( Yen Support) the first time into the zone.
A.M. Look 2/14/12
Crude has broken out of it’s recent $5 trading range. We will be adding the USO ETF to our Long portfolio on a dollar pullback in the Crude to anywhere near $100.50. We will use this as a surrogate to … Continue reading