Currency Futures Update

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.

THE DOLLAR CONTINUES TO FALL.

Posted on 6/17/2013 1:28:43 PM 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 British Pound, Japanese Yen and Canadian Dollar while lower for the Euro Fx, Swiss Franc, Aussie Dollar and dollar index. The dollar had its worst close since February with strong resistance that goes from around 8200 up to around 8350. The dollar had been in a strong bull market since the beginning of February but closing below 8200 on June 6th pretty much put 'a nail in the coffin' concerning which way it is going overall in my opinion. The euro and franc both had slightly lower closes but the former is well above good support that goes from 132 down to 130 while the latter is above  its 107 to 108 support. The yen made its best close since early April now in some resistance but giving me a BUY SIGNAL with a settlement over 106. and still holding my sell signal. The September contract had already gotton through some pretty tough resistance(100-103) lately now acting like it will continue retracing higher.The yen had peaked out in January 2012 and has been falling ever since, escalating down with the help of the Japanese governement. The Canadian Dollar  had its best high and close in 23 sessions causing me to get rid of my sell signal but still in good resistance while needing to close over 9850 and, for the long term, over 100 which is a great psychological price to watch. Meanwhile, the pound made its highest close since early February.  Holding the 150 area and closing over 156 was pretty bullish in my opinion.  Finally the Aussie Dollar settled slightly lower while in some minor resistance. Once the model bull market in the currency complex now becoming the leading bear. It has struggled ever since it started dropping sharply in the middle of April. BUY SIGNALS FOR THE EURO FX,  SWISS FRANC AND JAPANESE YEN. SELL SIGNALS FOR THE AUSSIE DOLLAR ALONG WITH THE DOLLAR INDEX. CALL FOR DETAILS!

Buy signal British Pound and Euro$ 06/17

Posted on 6/17/2013 1:18:10 PM by: Larry Baer, Market Strategist @ Zaner. 312-277-0112.

Call me for trade set-ups and further details at (312) 277-0112

THE DOLLAR CONTINUES TO FALL.

Posted on 6/17/2013 7:50:03 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 British Pound, Japanese Yen and Canadian Dollar while lower for the Euro Fx, Swiss Franc, Aussie Dollar and dollar index. The dollar had its worst close since February with strong resistance that goes from around 8200 up to around 8350. The dollar had been in a strong bull market since the beginning of February but closing below 8200 on June 6th pretty much put 'a nail in the coffin' concerning which way it is going overall in my opinion. The euro and franc both had slightly lower closes but the former is well above good support that goes from 132 down to 130 while the latter is above  its 107 to 108 support. The yen made its best close since early April now in some resistance but giving me a BUY SIGNAL with a settlement over 106. and still holding my sell signal. The September contract had already gotton through some pretty tough resistance(100-103) lately now acting like it will continue retracing higher.The yen had peaked out in January 2012 and has been falling ever since, escalating down with the help of the Japanese governement. The Canadian Dollar  had its best high and close in 23 sessions causing me to get rid of my sell signal but still in good resistance while needing to close over 9850 and, for the long term, over 100 which is a great psychological price to watch. Meanwhile, the pound made its highest close since early February.  Holding the 150 area and closing over 156 was pretty bullish in my opinion.  Finally the Aussie Dollar settled slightly lower while in some minor resistance. Once the model bull market in the currency complex now becoming the leading bear. It has struggled ever since it started dropping sharply in the middle of April. BUY SIGNALS FOR THE EURO FX,  SWISS FRANC AND JAPANESE YEN. SELL SIGNALS FOR THE AUSSIE DOLLAR ALONG WITH THE DOLLAR INDEX. CALL FOR DETAILS!

NO UPDATE TODAY SICK

Posted on 6/14/2013 5:42:36 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 Euro Fx, Swiss Franc,  British Pound, Japanese Yen and Canadian Dollar while lower for the Aussie Dollar dollar index. The dollar had its worst low and close since the middle of February with strong resistance that goes from around 8200 up to around 8350. The dollar had been in a strong bull market since the beginning of February but closing below 8200 on June 6th pretty much put 'a nail in the coffin' concerning which way it is going overall in my opinion. The euro and franc both had their best closes since the middle of February which shouldn't be a surprise when you look at the dollar. Good resistance for the euro remains from 130 up to 132 defining where the June contract needs to close over for a possible turnaround to ensue. Also, holding the 128 continues to be the critical price area on the downside. The franc has now caught up to the euro breaking out of a decent resistance area and closing over 10820 is what I feel is needed relatively soon to sustain this rally without a retracement occurying. The yen made its best close in almost since early April now in some resistance and still holding my sell signal. However, the September contract has gotton through some pretty tough resistance(100-103) lately. Also the yen is in an area where it should begin to stall out and move back down if its down trend is to continue overall. Also, more resistance looms above 104 and 106 along with what the Japanese goverment could say trying to keep a lid on how far the yen goes.The yen had peaked out in January 2012 and has been falling ever since, escalating down with the help of the Japanese governement. The Canadian Dollar  had its best close in almost a month but still in good resistance needing to close over 9850 and, for the long term, over 100 which is a great psychological price to watch. Meanwhile, the pound made its highest close since early February.  Holding the 150 area and closing over 156 is pretty bullish in my opinion.  Finally the Aussie Dollar had a poor close which was its worst low and close since June 2012. Once the model bull in the currency complex now becoming the leading bear, the Aussie Dollar made a new CONTRACT LOW AND CLOSE dropping further and faster than any other currency with the possible exception of the yen, It has struggled ever since it started dropping sharply in the middle of April. BUY SIGNALS FOR THE EURO FX AND SWISS FRANC. SELL SIGNALS FOR THE JAPANESE YEN, AUSSIE AND CANADIAN DOLLAR ALONG WITH THE DOLLAR INDEX. CALL FOR DETAILS!

NO UPDATE TODAY SICK

Posted on 6/14/2013 5:42:21 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 Euro Fx, Swiss Franc,  British Pound, Japanese Yen and Canadian Dollar while lower for the Aussie Dollar dollar index. The dollar had its worst low and close since the middle of February with strong resistance that goes from around 8200 up to around 8350. The dollar had been in a strong bull market since the beginning of February but closing below 8200 on June 6th pretty much put 'a nail in the coffin' concerning which way it is going overall in my opinion. The euro and franc both had their best closes since the middle of February which shouldn't be a surprise when you look at the dollar. Good resistance for the euro remains from 130 up to 132 defining where the June contract needs to close over for a possible turnaround to ensue. Also, holding the 128 continues to be the critical price area on the downside. The franc has now caught up to the euro breaking out of a decent resistance area and closing over 10820 is what I feel is needed relatively soon to sustain this rally without a retracement occurying. The yen made its best close in almost since early April now in some resistance and still holding my sell signal. However, the September contract has gotton through some pretty tough resistance(100-103) lately. Also the yen is in an area where it should begin to stall out and move back down if its down trend is to continue overall. Also, more resistance looms above 104 and 106 along with what the Japanese goverment could say trying to keep a lid on how far the yen goes.The yen had peaked out in January 2012 and has been falling ever since, escalating down with the help of the Japanese governement. The Canadian Dollar  had its best close in almost a month but still in good resistance needing to close over 9850 and, for the long term, over 100 which is a great psychological price to watch. Meanwhile, the pound made its highest close since early February.  Holding the 150 area and closing over 156 is pretty bullish in my opinion.  Finally the Aussie Dollar had a poor close which was its worst low and close since June 2012. Once the model bull in the currency complex now becoming the leading bear, the Aussie Dollar made a new CONTRACT LOW AND CLOSE dropping further and faster than any other currency with the possible exception of the yen, It has struggled ever since it started dropping sharply in the middle of April. BUY SIGNALS FOR THE EURO FX AND SWISS FRANC. SELL SIGNALS FOR THE JAPANESE YEN, AUSSIE AND CANADIAN DOLLAR ALONG WITH THE DOLLAR INDEX. CALL FOR DETAILS!

NEW CONTRACT LOW AND CLOSE FOR THE AUSSIE DOLLAR

Posted on 6/12/2013 1:55:11 PM 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 Euro Fx, Swiss Franc,  British Pound, Japanese Yen and Canadian Dollar while lower for the Aussie Dollar dollar index. The dollar had its worst low and close since the middle of February with strong resistance that goes from around 8200 up to around 8350. The dollar had been in a strong bull market since the beginning of February but closing below 8200 on June 6th pretty much put 'a nail in the coffin' concerning which way it is going overall in my opinion. The euro and franc both had their best closes since the middle of February which shouldn't be a surprise when you look at the dollar. Good resistance for the euro remains from 130 up to 132 defining where the June contract needs to close over for a possible turnaround to ensue. Also, holding the 128 continues to be the critical price area on the downside. The franc has now caught up to the euro breaking out of a decent resistance area and closing over 10820 is what I feel is needed relatively soon to sustain this rally without a retracement occurying. The yen made its best close in almost since early April now in some resistance and still holding my sell signal. However, the September contract has gotton through some pretty tough resistance(100-103) lately. Also the yen is in an area where it should begin to stall out and move back down if its down trend is to continue overall. Also, more resistance looms above 104 and 106 along with what the Japanese goverment could say trying to keep a lid on how far the yen goes.The yen had peaked out in January 2012 and has been falling ever since, escalating down with the help of the Japanese governement. The Canadian Dollar  had its best close in almost a month but still in good resistance needing to close over 9850 and, for the long term, over 100 which is a great psychological price to watch. Meanwhile, the pound made its highest close since early February.  Holding the 150 area and closing over 156 is pretty bullish in my opinion.  Finally the Aussie Dollar had a poor close which was its worst low and close since June 2012. Once the model bull in the currency complex now becoming the leading bear, the Aussie Dollar made a new CONTRACT LOW AND CLOSE dropping further and faster than any other currency with the possible exception of the yen, It has struggled ever since it started dropping sharply in the middle of April. BUY SIGNALS FOR THE EURO FX AND SWISS FRANC. SELL SIGNALS FOR THE JAPANESE YEN, AUSSIE AND CANADIAN DOLLAR ALONG WITH THE DOLLAR INDEX. CALL FOR DETAILS!