Tag Archives: Yen
A.M. Look 2/8/13
Spu’s…1512 bid gets it going. USD/JPY …92.19 (108.47 Futures)…91.30 (109.52 Futures) is the First big Fib back on the year. CAD/JPY…92.14 is support EUR/JPY…122.55 is first Fib support. Anything under 123 the first time down can bounce. GBP/JPY…144.95 is first … Continue reading
A.M. Look 2/7/13
Spu’s…maintaining above 1512 would have traders looking for another 20 points. Closing below 1490 would be a short term pattern breakdown. 30 yr….buy stops rest above 144. Sell stops 142.20 Oil.. minor buy stops above 97.05 will lead to 97.50 … Continue reading
A.M. Look 2/6/13
Euro…sustaining under 135.10 can lead to the 134.40 Fib. USD/JPY…hit our tgt last night. Ok it was 10 pips off, 94.16 (app 106.20 futures) We’ll start monitoring the crosses and the straight dollars to see if this can begin a … Continue reading
EURO & EUR/GBP
We’ve put out tgt’s in EUR/JPY … USD/JPY … CAD/JPY The attached charts show the major swing that is getting close to completion in the Euro & EUR/GBP Euro..139.50 ish is the 50% Fib and the channel line of the … Continue reading
A.M. Look 2/1/13
Silver…32.50 is resistance and new action over this level is needed for higher. 30.60 + a few is support and the 200 day mvg avg. This has to go 31.10 sellers for a try lower. Gold…1700 is the upside barrier … Continue reading
A.M. Look 1/23/13
EUR/JPY & AUD/JPY…last night’s lows both came down into mvg avg support which held. Closing under those lows will lead to a descent correction. For now it’s just some profit taking and noise coming out of Davos. USD/JPY…our futures levels … Continue reading
USDJPY_-_Japan_(Yen)_Index_Point_&_Figure_100x3_Ticks.gif
Last nights high in the Yen Futures was a retest of the last Point & Figure breakout in USD/JPY. 111.62 was the reversal high from yesterday. Be very patient with how you trade the Yen. We’ve had another big relief … Continue reading
A.M. Look 1/22/13
Oil…Feb. expires today. March is the Month you should be following. Natgas…Feb. expires next Tuesday. 3.71-3.76 is resistance in either month. Soybeans…closing and maintaining over 14.60 will lead to a test of just over 15. USD/JPY…we were looking for 90+ … 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