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.

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THE DOLLAR IS POSSIBLY TOPPING WHILE SEVERAL CURRENCIES ARE ATEMPTING TO BOTTOM

Posted on 10/22/2014 6:36:42 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 closes for the British Pound, Euro Fx, Swiss Franc and Aussie Dollar while lower for the Japanese Yen, Canadian Dollar and dollar index. Continue to keep an eye on 8400 and a new contract high for the dollar looking for a breakout in either direction but the dollar is in a possible topping mode at this time. These are the parameters I would use for now. If the dollar settles below 8400 a much larger retracement down is more likely to happen. Conversely, euro and franc area forming possible bottoms. Watch 130 for the former and 107 for the latter which are important prices areas in my opinion. The yen settled down also possibly bottoming but more difficult for me to read. It does look like it's in a consolidation pattern to move higher though. I'm watching to see if it settled over 95 before I continue to look higher off the buy signal I have already given. Also, there's not much resistance up to around the 9800 area. The Canadian Dollar still looks weak with little sign of turning around at this time. There's also good resistance starting around 89 and increasing significantly over 9050. Finally, the Aussie closed higher (best in 8 sessions) and could also be in a possible bottoming formation. Look for a close over 8860 to confirm this.  BUY SIGNALS FOR THE JAPANESE YEN AND DOLLAR INDEX. SELL SIGNALS FOR THE EURO FX, SWISS FRANC, BRITISH POUND AND CANADIAN DOLLAR. 

 

 

 

 

 


03/15/2014 Yen buy signal

Posted on 10/21/2014 1:27:27 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 

 

 

 


THE DOLLAR IS POSSIBLY TOPPING WHILE SEVERAL CURRENCIES ARE ATEMPTING TO BOTTOM

Posted on 10/21/2014 7:41:27 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 closes for the British Pound, Euro Fx, Swiss Franc and Aussie Dollar while lower for the Japanese Yen, Canadian Dollar and dollar index. Continue to keep an eye on 8400 and a new contract high for the dollar looking for a breakout in either direction but the dollar is in a possible topping mode at this time. These are the parameters I would use for now. If the dollar settles below 8400 a much larger retracement down is more likely to happen. Conversely, euro and franc area forming possible bottoms. Watch 130 for the former and 107 for the latter which are important prices areas in my opinion. The yen settled down also possibly bottoming but more difficult for me to read. It does look like it's in a consolidation pattern to move higher though. I'm watching to see if it settled over 95 before I continue to look higher off the buy signal I have already given. Also, there's not much resistance up to around the 9800 area. The Canadian Dollar still looks weak with little sign of turning around at this time. There's also good resistance starting around 89 and increasing significantly over 9050. Finally, the Aussie closed higher (best in 8 sessions) and could also be in a possible bottoming formation. Look for a close over 8860 to confirm this.  BUY SIGNALS FOR THE JAPANESE YEN AND DOLLAR INDEX. SELL SIGNALS FOR THE EURO FX, SWISS FRANC, BRITISH POUND AND CANADIAN DOLLAR. 

 

 

 

 

 


NO UPDATE TODAY

Posted on 10/20/2014 6:34:47 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 closes for the Japanese Yen and dollar index while lower for the British Pound, Euro Fx, Swiss Franc, Canadian and Aussie Dollar. Continue to keep an eye on 8400 and a new contract high for the dollar which has been consolidating over the last week. These are the parameters I would use for now. If the dollar settles below 8400 a larger retracement down is more likely to happen. The euro and franc down trying to bottom but at least in a holding pattern at this time. Watching 127 for the former and 105 for the latter and where these currencies are right now, leads me to believe we will see a retracement rally for both with should prove negative for the dollar. If there are closes above those two price areas then retracements are possible up  to 129 and 107 respectively. The Yen had its best close since September 10th giving me a BUY SIGNAL and  doesn't have much resistance up to around the 9800 area. The Canadian Dollar still looks weak making a new CONTRACT LOW AND CLOSE.  I should have given this currency a sell signal back on September 26th. The pound also closed weak making its worst low and close since last November. Finally, the Aussie closed down but could still be in a bottoming formation.  BUY SIGNALS FOR THE JAPANESE YEN AND DOLLAR INDEX. SELL SIGNALS FOR THE EURO FX, SWISS FRANC, BRITISH POUND AND CANADIAN DOLLAR. 

 

  

 

 

 

 


THE DOLLARS SEEMS SET FOR A RETRACEMENT LOWER.

Posted on 10/15/2014 7:28:51 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 closes for the Japanese Yen and dollar index while lower for the British Pound, Euro Fx, Swiss Franc, Canadian and Aussie Dollar. Continue to keep an eye on 8400 and a new contract high for the dollar which has been consolidating over the last week. These are the parameters I would use for now. If the dollar settles below 8400 a larger retracement down is more likely to happen. The euro and franc down trying to bottom but at least in a holding pattern at this time. Watching 127 for the former and 105 for the latter and where these currencies are right now, leads me to believe we will see a retracement rally for both with should prove negative for the dollar. If there are closes above those two price areas then retracements are possible up  to 129 and 107 respectively. The Yen had its best close since September 10th giving me a BUY SIGNAL and  doesn't have much resistance up to around the 9800 area. The Canadian Dollar still looks weak making a new CONTRACT LOW AND CLOSE.  I should have given this currency a sell signal back on September 26th. The pound also closed weak making its worst low and close since last November. Finally, the Aussie closed down but could still be in a bottoming formation.  BUY SIGNALS FOR THE JAPANESE YEN AND DOLLAR INDEX. SELL SIGNALS FOR THE EURO FX, SWISS FRANC, BRITISH POUND AND CANADIAN DOLLAR. 

 

  

 

 

 

 


BEST HIGH AND CLOSE FOR THE JAPANESE YEN IN OVER MONTH.

Posted on 10/14/2014 7:40:55 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 closes for the British Pound, Euro Fx, Swiss Franc, Japnese Yen, Canadian and Aussie Dollar while lower for the dollar index but little change technically. Continue to keep an eye on 8400 for the dollar and watch for a possible test of its highs. These are the parameters I would use for now. If the dollar settles below 8400 a larger retracement down is more likely to happen. The euro and franc settled higher, but like the dollar, nothing has changed technically. Watch 127 for the former and 105 for the latter. If there are closes above those two price areas then retracements are possible to 129 and 107 respectively. The Yen had its best high and close in over a month  and  doesn't have much resistance up to around the 9800 area. Closing over 9300 seems to be the key for this to happen and since it did today, we'll see what happens. The Canadian Dollar still looks weak like the rest of the currencies with good resistance above 9000 and 9100. The pound also closed slightly higher still looking very bearish overall with little resistance up to around 16300 while the Aussie Dollar has been consolidating over the last couple of weeks in choppy action and, like most of the currencies, has little resistance overhead. However, it could also be forming a possible bottom. In this case not to the 9200 area. SIGNAL FOR THE DOLLAR INDEX. SELL SIGNALS FOR THE EURO FX, SWISS FRANC, BRITISH POUND AND JAPANESE YEN 

 

 

 

 

 


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