Tag Archives: Yen Crosses

A.M. Look 10/31/11

Last night was all about the Yen and the commensurate crosses. Once again the markets were wrong footed and the BOJ has shown how adept they’ve become with their intervention timing. The lemmings are running wild. AUD/JPY, usually a very … Continue reading

A.M. Look 5/20/11

Current holdings are a 50% position in the JJG which was initiated May 12th against the 200 day moving avg. We have taken a piece of this trade off each of the past 2 days. Many of you long term investors still … Continue reading

A.M. Look 5/19/11

The yen crosses are telegraphing more risk on trading early. A weekly close over 116.94 in EUR/JPY puts in an outside reversal pattern to the upside. This area along with 123.80 in the USD/SGD ( Singapore Dollar) needs to be … Continue reading

AUD/USD…Aussie

While the Aussie has rejected it’s initial 108 resistance the Yen crosses have taken over the entire board since the RBA announced it’s inflation data last night. In the meantime the Aussie resistance of 108 seems to be matching up … Continue reading

A.M. Look 4/27/11

Once again the global game of chicken with the Fed is being played out in the currency markets. It’s all about the Yen crosses! Yesterday’s close in the 30 yr Bonds was unchanged on the year, right where the Fed … Continue reading

A.M. Look 4/12/11

Yen Crosses…USD/JPY Posted on 04/07/2011 at 10:53 AM The yen futures double bottomed last night showing that the one way train in the yen crosses was very long in the tooth and a correction was afoot. The first area to … Continue reading

Yen Crosses…USD/JPY

The yen futures double bottomed last night showing that the one way train in the yen crosses was very long in the tooth and a correction was afoot. The first area to look to get some back on is off … Continue reading

A.M. Look 4/6/11

We are staying with our original game plan in the equity indices from yesterday. A close in the Nasd futures ( 2350) or a close in the QQQ above 57.50 and we will initiate new long positions. A word of … Continue reading

NASD…QQQ…AAPL…Yen Crosses

A close today above 2350 NDM ( June nasd) or 57.50 QQQ will be a go long signal on Dr. Nenner’s work. This is a signal we will take and buy the QQQ and AAPL as well. The precious metals … Continue reading

Euro….EUR/JPY…Yen Crosses

141.82 now becomes the key pivotal level for the Euro. Could it actually have a lower weekly close? Start selling the rallies until proven wrong against this level. Pay close attention to EUR/JPY and the shorter retraces. 115.71 is the … Continue reading