Tag Archives: Yen Crosses
A.M. Look 3/11/22
Europe, Singapore, India and Toronto have bullish formations. U.S Indices. and the Yen crosses have done nothing more than a small 50% retrace of this past range. In other words I’m not getting sucked into taking positions based off of … Continue reading
A.M. Look 8/8/16
Soybeans are firm above 9.74 Corn needs sustained price action above 3.38 to gain upside momentum. Markets have had the general Friday-Monday Risk On follow through one would expect with the Yen crosses being bid. I’m paying particular attention to … Continue reading
A.M. Look 3/31/14
General Comments orValuable Insight There is nothing new to report or do. The Spu’s are up 10 points on the year with the Nasd down 17 points. The Yen is following today’s weakness in the bonds with the Yen crosses … Continue reading
A.M. Look 9/24/13
Stocks.. GDX…Look to have more room on the downside than the GDXJ. GOOG… 875-77 should bounce the first time down on a short term chart. GS…163.50 should bounce the first time down. JPM…needs to hold above 50.25 close to avoid … Continue reading
A.M. Look 8/5/13
Stocks.. No change Bonds… 30 Yr. Needs over to sustain 134 to start any type of rally. FX… AUD/USD…finally traded 88.50 last night. This has the potential for a small oversold rally with price action over 89.40. Commodities… Gold…1317 is … 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
Risk Management Time…Short Term Traders
Short term traders…. All the Yen crosses are completing the same wave count, and when I see that #5 staring me in the eye on every cross on the same daily bar, caution is advised. That 5 usually indicates that … Continue reading
A.M. Look 1/17/13
GS…by remaining over 139.20 this can seek 149 AAPL..511-515 is resistance with sustained action over 519 needed for higher. 498 is current support. AGQ…double long Silver has closed two days now over the 200 day. As long as this closes … Continue reading
A.M. Look 1/11/13
Spu’s…are back to last years high. Only a close in the equity indices under yesterday’s low would cause liquidation. By remaining firm after 12:30 CST we would expect another late day melt up into the close. Oil…92.75 is the weekly … Continue reading
A.M. Look 12/3/12
Equity Indices…No change from last week. We expect to see some early positive flows (buying). This means the day will be a time frame trade and we’ll remain vigilant for changes in capital flows. Copper…365-8 is the resistance area, only … Continue reading