Tag Archives: Yen
A.M. Look 4/16/13
Spu’s…need to maintain over 1556.50, yesterday’s break down level, to reverse up. Spu’s need to go 1548 sellers again and remain offered to achieve the 1530 1st macro support. 30 yr Bonds…147.18-21 will remain pivotal. This instrument still needs closing … 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
EUR/JPY….Euro_Yen_Weekly.gif
The weekly chart is breaking out over 123.22. This is a weekly closing level. Price action over 123.89 will see another bout of selling Yen via this cross. FX crowd…I’d look to the crosses for a way to be short … Continue reading
A.M. Look 4/4/13
Spu’s.. call me a reluctant Bear, we have to go 1544 sellers to break. 30 yr Bond…P&F resistance started at 145.22 yesterday which gave us initial price rejection, however we’re only concerned with the bigger macro areas which we laid … Continue reading
A.M. Look 4/1/13
Euro… stops are below 127.52. 126.60-80 is the next significant support. 128.67-88 is daily resistance. GBP/USD…needs to sustain either above 152.50 or under 151.20 for new direction. USD/JPY…93.80 ( app 106.75 futures) is the level that the Yen has to … Continue reading
A.M. Look 3/20/13
Oil…needs to maintain over 93 for a re-test of 94. Resting sell stops remain @ 91.70. USD/JPY…95.05 will act act a pivot. Price action around that level will dictate how the crosses trade. Euro…130.00-20 is resistance and the closing upside … Continue reading
A.M. Look 3/19/13
Spu’s…these need to go 1554 bid and close over 1563 for higher. Sustaining under 1543 can see a break to test the lows of Sunday night (1529-31). Oil…94.00 +- 10 cents is current resistance and the short term upside pivot … Continue reading
A.M. Look 3/14/13
AUD/USD…is the feature today. Closing resistance is 103.85-104. AUD/JPY…has reached parity @ 100. This needs to back and fill from this level. the bigger macro resistance level is 101.80-90. EUR/AUD…the mid 124’s will be tough to trade. This looks like … Continue reading
A.M. Look 3/13/13
AUD/JPY…shows a double top on the P&F @ 99.50. 98 +– a few seems to be the next descent level of interest. FBTPM…Italian 10 yr…shows initial support @ 108.40. 30 yr. small buy stops are 143.16. The lowest risk sell … Continue reading