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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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.


NO UPDATE TODAY

Posted on 7/25/2014 7:34:25 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 for the Canadian and Aussie dollar along with the dollar index while lower for the Japanese Yen,  Euro Fx, Swiss Franc and British Pound again. The dollar made its highest high and close since early June in spite of continued low interest rates and strong financials. Meanwhile, the dollar is at the very high end of a decent resistance area  still needing to close over 8100. Both the euro and franc had been in similar possible bottoming formations but that's over for now meaning lower prices should be expected. Both are now below critical support areas that have become strong looking resistance from 13500 to 13700 for the former and 11100 to 11250  the latter while in long term bearish markets overall. Meanwhile, the former made is worst low and close since last November while the latter since June again. Both also have little support below. The yen  settled down for its fourth session in a row while remaining in a trading range started last April (9925 - 9700) but with an upward bias since early June.  I recommend standing aside at this time or trading the extremes of the above mentioned range. The Canadian Dollar settled slightly lower again still acting heavy with little support down to the 92 level. Also, there's resistance from 9350 to near 9400. The pound settled lower for its sixth session in a row which is also its worst low and close in a month. Also, the pound still remains bullish but its needs to hold 16900 in my opinion while just above a minor support area. The Aussie Dollar had a strong close breaking out of a trading range basically between 9300 and 9400 since June 12th. Now I see strong support from 9375 down to the 9300 area and a test of July's highs within shouting distance. BUY SIGNALS FOR THE DOLLAR INDEX, CANADIAN DOLLAR, BRITISH POUND AND AUSSIE DOLLAR. SELL SIGNALS FOR THE EURO FX AND SWISS FRANC. CALL FOR DETAILS!

 

 

  

 


07/22 Euro buy signal

Posted on 7/24/2014 1:44:40 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 

 

 

 


07/22 Euro buy signal

Posted on 7/24/2014 1:44:21 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 

 

 

 


STRONG CLOSES FOR THE AUSSIE DOLLAR AND DOLLAR INDEX.

Posted on 7/24/2014 7:22:21 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 for the Canadian and Aussie dollar along with the dollar index while lower for the Japanese Yen,  Euro Fx, Swiss Franc and British Pound again. The dollar made its highest high and close since early June in spite of continued low interest rates and strong financials. Meanwhile, the dollar is at the very high end of a decent resistance area  still needing to close over 8100. Both the euro and franc had been in similar possible bottoming formations but that's over for now meaning lower prices should be expected. Both are now below critical support areas that have become strong looking resistance from 13500 to 13700 for the former and 11100 to 11250  the latter while in long term bearish markets overall. Meanwhile, the former made is worst low and close since last November while the latter since June again. Both also have little support below. The yen  settled down for its fourth session in a row while remaining in a trading range started last April (9925 - 9700) but with an upward bias since early June.  I recommend standing aside at this time or trading the extremes of the above mentioned range. The Canadian Dollar settled slightly lower again still acting heavy with little support down to the 92 level. Also, there's resistance from 9350 to near 9400. The pound settled lower for its sixth session in a row which is also its worst low and close in a month. Also, the pound still remains bullish but its needs to hold 16900 in my opinion while just above a minor support area. The Aussie Dollar had a strong close breaking out of a trading range basically between 9300 and 9400 since June 12th. Now I see strong support from 9375 down to the 9300 area and a test of July's highs within shouting distance. BUY SIGNALS FOR THE DOLLAR INDEX, CANADIAN DOLLAR, BRITISH POUND AND AUSSIE DOLLAR. SELL SIGNALS FOR THE EURO FX AND SWISS FRANC. CALL FOR DETAILS!

 

 

  

 


POSSIBLE BULL TRIANGLE FOR THE JAPANESE YEN.

Posted on 7/23/2014 7:27:16 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 for the Canadian and Aussie dollar along with the dollar index while lower for the Japanese Yen,  Euro Fx, Swiss Franc and British Pound. The dollar made its highest high and close since June in spite of continued low interest rates and strong financials. Meanwhile, the dollar remains in a decent resistance area  still needing to close over 8100. Both the euro and franc had been in similar possible bottoming formations but that's over for now meaning lower prices should be expected. Both are in critical support areas while in long term bearish markets overall. Meanwhile, the former made is worst low and close since last November while the latter since June. Both have little support below while having many pockets of resistance overhead.  The yen also settled down while remaining in a trading range started last April (9925 - 9700) but with an upward bias since early June.  I recommend standing aside at this time or trade the extremes of the above mentioned range or look for a breakout of a possible BULL TRIANGLE. The Canadian Dollar settled slightly lower again acting heavy with little support down to the 92 level. Also, there's resistance from 9350 to near 9400. The pound settled lower for its fifth session in a row but totaling only around 110 ticks during that span. Also, the pound still remains bullish while retracing down over the last several weeks. The Aussie Dollar. except for a two day blip higher and lower, has settled into a trading range basically between 9300 and 9400 since June 12th. BUY SIGNALS FOR THE DOLLAR INDEX, CANADIAN DOLLAR, BRITISH POUND AND AUSSIE DOLLAR. SELL SIGNALS FOR THE EURO FX AND SWISS FRANC. CALL FOR DETAILS!

 

 

 

  

 


NOT MUCH ACTION TODAY.

Posted on 7/22/2014 7:32:32 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 for the dollar index while conversely lower for the Japanese Yen,  Euro Fx, Swiss Franc, Aussie Dollar, British Pound and Canadian Dollar. The dollar made its highest close since June 18th in spite of continued low interest rates and strong financials. Meanwhile, the dollar is now in a decent resistance area needing to close over 8100. Both the euro and franc had been in similar possible bottoming formations but that's over for now meaning lower prices should be expected. Both are in critical support areas while in long term bearish markets overall. Today's action was almost non existent again but the euro still managed to make its lowest close since Feb. 24th. Both have little support below while having many pockets of resistance overhead.  The yen also settled down while remaining in a trading range started last April (9925 - 9700) but with an upward bias since early June. I recommend standing aside at this time or trade the extremes of the above mentioned range. The Canadian Dollar settled three ticks lower but off its lows but starting to act heavy and has little support down to the 92 level. Also, there's resistance from 9350 to near 9400. The pound settled lower for its fourth session in a row but totaling only around 240 ticks. Also, the pound still remains bullish while retracing down over the last three weeks. The Aussie Dollar. except for a two day blip higher and lower, has settled into a trading range basically between 9300 and 9400 since June 12th. BUY SIGNALS FOR THE DOLLAR INDEX, CANADIAN DOLLAR, BRITISH POUND AND AUSSIE DOLLAR. SELL SIGNALS FOR THE EURO FX AND SWISS FRANC. CALL FOR DETAILS!

 

 

 

 

 

 


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