Tag Archives: Yen
A.M. Look 3/12/13
Euro…130.60-70 acted as the downside pivot and first support on Friday. It will now act as the near term resistance. USD/JPY…95.60 needs to be given to see further Yen strength ( App 104.60 H Futures) EUR/JPY…put in a new high … Continue reading
A.M. Look 3/8/13
Welcome to unenjoyment…and for your added pleasure USDA Crop Report @ 11:00 CDT. Where’s Beeks when you really need him! AUD/JPY…97.76 is last months high( maintaining above is price positive). This will trade up or down with the Spu’s. EUR/JPY…maintaining … Continue reading
Mid Day Missive
Risk On Crowd… CAD/JPY…as long as this maintains above 91.50 look for the stops to be run above 92.27. This also appears to be the only way to manage a short Yen position with limited risk.. In other words…you have … Continue reading
USD/JPY….Spu’s
Multi-year macro stops lie @ 95.00 USD/JPY. Just under 105.32-26 futures. Everybody will be trading June Equity indices today. Once again…Not Us! We’ll continue to use (H) March for the signals into next week.
A.M. Look 2/26/12
EUR/JPY…122.36 is key resistance and the upside pivot. AUD/JPY…95.27 is resistance. recovery over 95.66 is needed for higher. Under 93.63 look for another figure lower. USD/JPY…was a classic after the Chicago pit close, sweeping of the stops, by the bots. … Continue reading
A.M. Look 2/15/13
EUR/JPY…is in major profit taking mode after USD/JPY printed the 94.16 tgt. 122.35 ish then 120.65 are the significant Fibs coming back on the year, with 120.65 the low risk buy zone. Yen Futures…108.60-70 is mvg avg resistance. A close … Continue reading
A.M. Look 2/13/13
Oil…buy stops are 98.25. With inventories today you could see these elected. Look for this to move in 80 cent increments. 30 yr….are at the lower end of the recent trading range with the daily ranges close to a point. … Continue reading
IBM_-_Intl_Business_Machines_Daily.gif…Yen Comments
Stops are under 198.68. Major support the first time down is 196.65-85 Yen…108.10 Futures is resistance and the upside pivot (App 92.40-60 USD/JPY)
A.M. Look 2/12/13
USD/JPY…point & Figure shows a double top ( Bottom in Futures) @ 94.40. Our downside tgt of 106.20 futures/ 94.16 USD/JPY has been reached. 105.32 Futures is the next level of interest. EUR/AUD…as long as this remains over 130.40 this … Continue reading