Tag Archives: Yen
Gold…Trade Alert!
Given the Spu/Bonds went to the trend line and the Yen went to the initial exit zone…+ the Gold stopped dead on resistance @ 1725, my worry is a Risk Off board, going into the latter part of the week … Continue reading
To the Risk Off Crowd
The game is the Yen …USD/JPY trading at qtrly tgt’s. The #’s I’ve been writing about since the beginning of Nov. EUR/JPY…high is qtrly mvg avg resistance. A Risk Off board could see the Yen and the Yen crosses correct … Continue reading
A.M. Look 12/12/12…w/Gold Trade Alert!
Spu’s…potential double top @ 1434.25. Look for this to move in 8-10 handle increments. EUR/JPY…108 is the weekly ORH #(this is a Friday closing level). Price action around this level should be monitored for Risk On/Risk Off paradigm. Higher prices … Continue reading
A.M. look 12/10/12
Euro…128.46 followed be 127.50 ish are the relevant support levels. 30 yr. Bonds..we placed orders to sell on Friday @ 152.14-17 (H). Cancel these orders, however we will look to sell them at this level if and when they get … Continue reading
A.M. Look 12/7/12
Welcome to Pearl Harbor Day. Seriously, this is just another un-enjoyment day when my best work will be done with my trading mask and mail gloves on. Spu’s…1427-32 is resistance…Mid 90’s then the mid 80’s on the downside..the levels have … 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
A.M. Look 11/30/12
USD/INR…Indian (Rupee) is putting in an ORL week, meaning the Rupee is bottoming and now starting to gain strength. I’m mentioning this because India is traditionally one of the largest buyers of precious metals for personal consumption. A strong Rupee … Continue reading
A.M. Look 9/21/12
USD/JPY…our tgt for this swing is 120 (Z) +-25 points in the Futures. app 83.30 CAD/JPY….83.20-50 should match up with the straight USD/JPY around 83 AUD/JPY…remains firm by remaining over 84.50 GBP/JPY…133 is next. A good close over this level … Continue reading
A.M. Look 11/20/12
Oil…88.40-60 is where the acceleration took place yesterday and is now support. 90.45-85 is the next hurdle zone with Fib and mvg avg resistance. 30 yr…this is the key to today’s trade. By violating and remaining under 151, there is … Continue reading
A.M. Look 11/15/12
EUR/JPY…103.46 is the weekly ORH level that this cross needs to maintain above for further Yen weakness from this level. Spu’s…1364 & NASD 2540 are the short resistance levels. Price recovery over these areas are needed for any kind of … Continue reading