Currency Futures Update

News & commentary on Currency Futures markets including the U.S. Dollar Index, British Pound, Japanese Yen, Swiss Franc, Canadian Dollar, Euro FX & more.

Currency Futures Update is a blog dedicated to bringing updates, news and commentary on currency futures markets including the U.S. Dollar Index, Euro FX, British Pound, Canadian Dollar, Japanese Yen, Swiss Franc and more.

This blog is brought to you by Zaner Group, one of America's oldest family-owned and operated futures and forex brokers.  Zaner provides a wide range of services from research and recommendations to the execution of all your futures needs.

We invite you to join the thousands of other Zaner clients that have enjoyed our services.  Click here to learn how to open an account with Zaner.

Futures, options and forex trading is speculative in nature and involves substantial risk of loss.  These recommendations are a solicitation for entering into derivatives transactions.  All known news and events have already been factored into the price of the underlying derivatives discussed.  From time to time persons affiliated with Zaner, or its associated companies, may have positions in recommended and other derivatives.


12/17/2014 Euro sell signal $ index buy signal

Posted on 12/18/2014 1:16:50 PM by: Larry Baer, Market Strategist @ Zaner. 312-277-0112.

View my interplay updates and thoughts on other markets at http://larrybaer.com

SEE CHART 

 

 

 


CONTRACT LOW AND CLOSE FOR THE AUSSIE DOLLAR. CONTRACT LOW CLOSE FOR THE CANADIAN $

Posted on 12/18/2014 7:21:09 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

NO UPDATES ON FRIDAY 

 

JUST SEND ME YOUR EMAIL ADDRESS AND TELEPHONE NUMBER IF YOU  WOULD LIKE TO FOLLOW ONE OF MY FAVORITE, PERSONALLY DEVELOPED TRADING TOOLS FOR ONE MONTH WHICH INCLUDES DAILY UPDATES. IF YOU CALL I WILL ALSO SEND YOU EACH DAY IN THE MORNING FOR ONE MONTH THE POTENTIAL SIGNAL(S) FOR THAT DAY. I DON'T THINK YOU'LL BE DISAPPOINTED

 

Sharply higher for the dollar index and lower to sharply lower for the Japanese Yen, Canadian Dollar, British Pound, Euro Fx, Swiss Franc and Aussie Dollar. The dollar remains with its second best close of its entire move with strong good looking support from 8950 down to around 8750. Led by'Flight to quality' with other economic news along the have kept the dollar strong overall in spite of low interest rates.  I continue to feel rates won't go up until after the next presidential election.  The euro and franc have remained in an orderly downtrend while still in strong looking resistance areas. I need to see a close over 126 for the former and 105 the latter to consider possible turnarounds at this time. The yen has lately shown some bottoming type action until today. Now we'll have to see if it follows through or go back into its downtrend facilitated by the Japanese government. There really isn't much resistance up to around 9100 also. Meanwhile, the Canadian dollar had another new CONTRACT LOW CLOSE The pound had its worst low and close since Sept. 3rd. 2013 now barely holding on to a consolidation area started in the middle of Nov. as seen below. Use the areas above 15800 and below 15550 for breakout parameters. BUY SIGNAL FOR THE DOLLAR INDEX. SELL SIGNALS FOR THE EURO FX, SWISS FRANC, JAPANESE YEN, BRITISH POUND, AUSSIE AND CANADIAN DOLLAR. 

 

 

 

 

 

 


CONTRACT LOW AND CLOSE FOR THE AUSSIE DOLLAR. CONTRACT LOW CLOSE FOR THE CANADIAN $

Posted on 12/18/2014 7:21:00 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

NO UPDATES ON FRIDAY 

 

JUST SEND ME YOUR EMAIL ADDRESS AND TELEPHONE NUMBER IF YOU  WOULD LIKE TO FOLLOW ONE OF MY FAVORITE, PERSONALLY DEVELOPED TRADING TOOLS FOR ONE MONTH WHICH INCLUDES DAILY UPDATES. IF YOU CALL I WILL ALSO SEND YOU EACH DAY IN THE MORNING FOR ONE MONTH THE POTENTIAL SIGNAL(S) FOR THAT DAY. I DON'T THINK YOU'LL BE DISAPPOINTED

 

Sharply higher for the dollar index and lower to sharply lower for the Japanese Yen, Canadian Dollar, British Pound, Euro Fx, Swiss Franc and Aussie Dollar. The dollar remains with its second best close of its entire move with strong good looking support from 8950 down to around 8750. Led by'Flight to quality' with other economic news along the have kept the dollar strong overall in spite of low interest rates.  I continue to feel rates won't go up until after the next presidential election.  The euro and franc have remained in an orderly downtrend while still in strong looking resistance areas. I need to see a close over 126 for the former and 105 the latter to consider possible turnarounds at this time. The yen has lately shown some bottoming type action until today. Now we'll have to see if it follows through or go back into its downtrend facilitated by the Japanese government. There really isn't much resistance up to around 9100 also. Meanwhile, the Canadian dollar had another new CONTRACT LOW CLOSE The pound had its worst low and close since Sept. 3rd. 2013 now barely holding on to a consolidation area started in the middle of Nov. as seen below. Use the areas above 15800 and below 15550 for breakout parameters. BUY SIGNAL FOR THE DOLLAR INDEX. SELL SIGNALS FOR THE EURO FX, SWISS FRANC, JAPANESE YEN, BRITISH POUND, AUSSIE AND CANADIAN DOLLAR. 

 

 

 

 

 

 


CONTRACT LOWS AND CLOSES FOR THE CANADIAN AND AUSSIE DOLLAR

Posted on 12/17/2014 7:38:29 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 

 

JUST SEND ME YOUR EMAIL ADDRESS AND TELEPHONE NUMBER IF YOU  WOULD LIKE TO FOLLOW ONE OF MY FAVORITE, PERSONALLY DEVELOPED TRADING TOOLS FOR ONE MONTH WHICH INCLUDES DAILY UPDATES. IF YOU CALL I WILL ALSO SEND YOU EACH DAY IN THE MORNING FOR ONE MONTH THE POTENTIAL SIGNAL(S) FOR THAT DAY. I DON'T THINK YOU'LL BE DISAPPOINTED

 

Higher Japanese Yen and dollar index while lower closes for the Canadian Dollar, British Pound, Euro Fx, Swiss Franc and Aussie Dollar. The dollar remains strong trading above a good looking support area that's midpoint is around the 8800 area after making a new contract high while closing lower in reversal type action on Dec. 8th. 'Flight to quality having an affect. I continue to feel rates won't go up until after the next presidential election. The euro and franc remain in orderly downtrend still in strong looking resistance areas. I still need to see a close over 126 for the former and 105 the latter to consider possible turnarounds at this time. The yen made its best close since Nov. 26th but the Japanese economy remains in a state of flux. Then again, falling oil prices can't hurt the and chart is showing some promise for a rally off of its present levels. There really isn't much resistance up to around 9100 also. Meanwhile, the Canadian and Aussie dollar had new CONTRACT LOWS AND CLOSES pretty much 'saying it all'. The pound had its best close in over a week and while making its worst low since Sept. 2013 before settling higher in reversal type action on Dec. 6th, it's still been in a consolidation mode since the middle of Nov. as seen below. Use closes above 15800 and below 15550 for breakout parameters. BUY SIGNAL FOR THE DOLLAR INDEX. SELL SIGNALS FOR THE EURO FX, SWISS FRANC, JAPANESE YEN, BRITISH POUND, AUSSIE AND CANADIAN DOLLAR. 

 

  

 

 

 

 


CONTRACT LOWS AND CLOSES FOR THE CANADIAN AND AUSSIE DOLLAR

Posted on 12/16/2014 7:54:40 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 

 

JUST SEND ME YOUR EMAIL ADDRESS AND TELEPHONE NUMBER IF YOU  WOULD LIKE TO FOLLOW ONE OF MY FAVORITE, PERSONALLY DEVELOPED TRADING TOOLS FOR ONE MONTH WHICH INCLUDES DAILY UPDATES. IF YOU CALL I WILL ALSO SEND YOU EACH DAY IN THE MORNING FOR ONE MONTH THE POTENTIAL SIGNAL(S) FOR THAT DAY. I DON'T THINK YOU'LL BE DISAPPOINTED

 

Higher Japanese Yen and dollar index while lower closes for the Canadian Dollar, British Pound, Euro Fx, Swiss Franc and Aussie Dollar. The dollar remains strong trading above a good looking support area that's midpoint is around the 8800 area after making a new contract high while closing lower in reversal type action on Dec. 8th. 'Flight to quality having an affect. I continue to feel rates won't go up until after the next presidential election. The euro and franc remain in orderly downtrend still in strong looking resistance areas. I still need to see a close over 126 for the former and 105 the latter to consider possible turnarounds at this time. The yen made its best close since Nov. 26th but the Japanese economy remains in a state of flux. Then again, falling oil prices can't hurt the and chart is showing some promise for a rally off of its present levels. There really isn't much resistance up to around 9100 also. Meanwhile, the Canadian and Aussie dollar had new CONTRACT LOWS AND CLOSES pretty much 'saying it all'. The pound had its best close in over a week and while making its worst low since Sept. 2013 before settling higher in reversal type action on Dec. 6th, it's still been in a consolidation mode since the middle of Nov. as seen below. Use closes above 15800 and below 15550 for breakout parameters. BUY SIGNAL FOR THE DOLLAR INDEX. SELL SIGNALS FOR THE EURO FX, SWISS FRANC, JAPANESE YEN, BRITISH POUND, AUSSIE AND CANADIAN DOLLAR. 

 

  

 

 

 

 


B ACK FROM SURGERY--UPDATES START TOMORROW

Posted on 12/15/2014 6:23:15 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

UNEMPLOYMENT FRIDAY

 

JUST SEND ME YOUR EMAIL ADDRESS AND TELEPHONE NUMBER IF YOU  WOULD LIKE TO FOLLOW ONE OF MY FAVORITE, PERSONALLY DEVELOPED TRADING TOOLS FOR ONE MONTH WHICH INCLUDES DAILY UPDATES. IF YOU CALL I WILL ALSO SEND YOU EACH DAY IN THE MORNING FOR ONE MONTH THE POTENTIAL SIGNAL(S) FOR THAT DAY. I DON'T THINK YOU'LL BE DISAPPOINTED

 

Higher closes for the Canadian Dollar, British Pound and dollar index while lower for the Euro Fx, Swiss Franc, Aussie Dollar and Japanese Yen. The dollar remains strong making a new CONTRACT HIGH AND CLOSE trading just above a good support area as shown on the chart below while the euro, franc, yen and Aussie made new CONTRACT LOWS AND CLOSES which is becoming rather redundant at least so far. 'Flight to quality' has fueled the dollar for quite a while withstanding any bearish news along the way.  I also feel rates won't go up until after the next presidential election. The euro and franc now have strong looking resistance just overhead due to their recent consolidation patterns also shown below. I need to see a close over 126 for the former and 105 the latter to consider possible turnarounds at this time.The yen made another new CONTRACT LOW AND CLOSE as the Japanese economy saga continues to hurt its currency. There is some resistance around 8450 but not much else up to 9100. Meanwhile, the Canadian dollar settled higher but still in a perfect looking downtrend since late August. The one possibility in its favor is not making a new low yet and, if the low from Nov. 5th holds, and it can close over 8931 then we'll see. The pound also settled higher and has been consolidating  for over two weeks but still looks very bearish overall. Finally, the Aussie dollar had a new CONTRACT LOW AND CLOSE with little resistance nearby. BUY SIGNAL FOR THE DOLLAR INDEX. SELL SIGNALS FOR THE EURO FX, SWISS FRANC, JAPANESE YEN, BRITISH POUND, AUSSIE AND CANADIAN DOLLAR. 

 

 

  

 

 

 


Older posts

Recent Posts

Other Markets

Currency Futures Update

Digg!