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.


02/26/2015 Yen sell signal

Posted on 3/3/2015 1:25:12 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 

 

 

 


Options play: Another Sym-Tri?

Posted on 2/19/2015 4:11:14 PM by: Matt McKinney, Market Strategist @ Zaner. 312-277-0115.


Direct-312-277-0115, http://www.mmckinneyfutures.com/

TRADING COMMODITY FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND MAY NOT BE SUITABLE FOR ALL INVESTORS. YOU SHOULD CAREFULLY CONSIDER WHETHER TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR CIRCUMSTANCES, KNOWLEDGE AND FINANCIAL RESOURCES.

 

Options play: Another Sym-Tri?

I can't believe what I am seeing currently in the 6EH5 that could lead to a technical break out.

Fundamentally we of course we have a broke economy and a weak link in the chain of the euro-zone and that is Greece. Will they get a debt extension? Do they deserve one? Can you get blood from a turnip, well no. There are a lot of uncertainty when this matter is reported. One very good analysis was the idea that the stance that Greece holds is that if the EU doesn't give Greece more time, the house of cards will tumble; Portugal, Italy, and Spain. Then there is the stance of the Germans that the weakest link in the chain right now is of course Greece, and the sooner we cut the weak link, the better.

 

 

Daily March euro currency chart

 

 

Option play:

I believe that we are looking at a market that will breach the "Sym-Tri" in a big way so a 3 to 1 strategy could be a great play in my view. Maybe the 6E goes sideways for some time because they can't make a quick decision in the euro-zone and they kick the can, I have potential option plays for that type of movement as well. However, I believe a break out will happen soon.

For exact details on option strategies, on how to recognize these formations, option months, expiration dates, strike prices, and number of positions feel free to contact me at 312-277-0115 or mmckinney@zaner.com .

It is also important to note that I am not married to a market, but to technical trends and formations. I believe that we are on the verge of lots of upcoming trends and formations. So get in touch with me and I'll show you what could be right around the corner in terms of technical formations and trending markets and how to trade them. There could be upcoming formations and trends in the grains, indices, financials, precious metals, softs and more.

 

 

FREE QUOTE- "You will get, what you tolerate."- Mike Dikta

 

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.

FOR CUSTOMERS TRADING OPTIONS, THESE FUTURES CHARTS ARE PRESENTED FOR INFORMATIONAL PURPOSES ONLY. THEY ARE INTENDED TO SHOW HOW INVESTING IN OPTIONS CAN DEPEND ON THE UNDERDLYING FUTURES PRICES; SPECIFICALLY, WHETHER OR NOT AN OPTION PURCHASER IS BUYING AN IN-THE-MONEY, AT-THE-MONEY, OR OUT-OF-THE MONEY OPTION. FURTHERMORE, THE PURCHASER WILL BE ABLE TO DETERMINE WHETHER OR NOT TO EXERCISE HIS RIGHT ON AN OPTION DEPENDING ON HOW THE OPTION'S STICKE PRICE COMPARES TO THE UNDERLYING FUTURE'S PRICE. THE FUTURES CHARTS ARE NOT INTENDED TO IMPLY THAT OPTION PRICES MOVE IN TANDEM WITH FUTURES PRICES. IN FACT OPTIONS PRICES MAY ONLY MOVE A LITTLE.

THE LIMITED RISK CHARACTERISTIC OF OPTIONS REFERS TO LONG OPTIONS ONLY AND REFERS TO THE AMOUNT OF THE LOSS, WHICH IS DEFINED AS THE PREMIUM PAID ON THE OPTION(S) PLUS FEES.


02/17/2015 Yen sell signal

Posted on 2/19/2015 1:19:17 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 

 

 

 


NO UPDATE TODAY

Posted on 2/18/2015 6:24:43 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

 

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. 

 

 

 

 

 

 


NO UPDATE TODAY

Posted on 2/18/2015 6:24:34 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

 

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. 

 

 

 

 

 

 


NO UPDATE TODAY

Posted on 2/11/2015 6:19:04 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

 

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. 

 

 

 

 

 

 


Older posts

Recent Posts

Other Markets

Currency Futures Update

Digg!