Tag Archives: Yen
A.M. Look 6/18/12
Currency Futures expiration @ 9:15 CDT….Canada Tuesday ….Bond Futures Wed. Spu’s…1349-52 is Fib resistance and a possible weekly double top area. 1333 is the pivot. Nasd…2571 is a fib match with the 100 day mvg avg. 2610 is the 50 … Continue reading
A.M. Look 6/15/12….W/ JJG & USD/JPY Trade Alert!
We were stopped out of our remaining SDS per the intra-day instructions yesterday. Spu’s..1333…Nasd.. 2540…will act as macro pivots going forward…Need a definition? Click on the glossary! Let’s take this one step further for you situational traders. Yesterday’s lows were … Continue reading
A.M. Look 4/19/12
Spu’s…are stuck between 1375-1390 on top. NASD 100… same deal…2700+- and 2730 on top. USD/JPY…81.88 ( app 122.25 Futures) should be your focus for further price action. We previously identified (123.25 Futures.) as a significant level. That was last night’s … Continue reading
A.M. Look 4/18/12
USD/JPY…81.88 is the weekly ORH #. A close over this level Friday leaves room for a large move up in this Dollar. Yen Futures line up slightly different with a close under 122.25 needed for the ORL. Sustained price action … Continue reading
A.M. Look 4/10/12
The Yen crosses told the story yesterday by holding big Fib support. The AUD/JPY,EUR/JPY & CAD/JPY all pretty much tested support at the same time and reversed. So did the OIL and Spu’s. General Caveat!….We’re honing in on a zone … Continue reading
A.M. Look 4/9/12
30 Yr. Bonds…140.15 is the print we’ve been looking for when we first bought the bonds in the 136 handle. Now that the entire expected swing has been completed, we will await further price action before deciding our next move. … Continue reading
A.M. Look 4/5/12 w/Euro Trade Alert!!
Welcome to this months episode of Full Moon Trading… Today into tomorrow will be important. Friday, the only ones able to trade the unemployment data will be Futures Traders. Both European & U.S Equity markets will be closed at the … Continue reading
A.M. Look 4/4/12
Currencies… Euro…131.50 is the downside pivot, only sustained and closing action through this zone will lead to more downside. AUD/USD…102.64 is support. The downside pivot is 102.00 same as above. USD/JPY…needs sustained price action under 82.00 USD/JPY ( over 122 … Continue reading
A.M. Look 3/29/12
AUD/JPY…has been a good short term barometer of stock strength. 8500 is the 50 day. watch for general market tone. USD/JPY… along with the YEN crosses are doing re traces from the beginning of Feb. , 122 ( M Futures … Continue reading
The Usual Suspects
USD/JPY…83.50 ( app 119.70-80 M Futures) becomes the key closing pivot for more Dollar upside vs. the Yen. XLE…is a good alternative to trading the Oil Futures…If you’re bullish the Oil we’d use a 72.20 intra day as a stop. … Continue reading