Friday, April 22, 2011

Forecasts

All JPY pairs need to correct, so I am overall bearish on US-Equities right now.
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Bearish:
$Dxy to test 71 (LT) but I think it will bounce at 73.5 first

Bullish: Aud/Chf to test .973 (IT)
Bearish:
Aud/Nzd to test 1.316 (IT), 1.286 (LT)
Bearish:
Aud/Jpy to test 84
Bearish:
Aud/Usd to test .805 (very LT)

Bearish:
Cad/Jpy to test 82.6 (ST)

Bearish:
Chf/Jpy to test 82 (LT)

Bearish:
Eur/Aud to test 1.281 (IT) but it will test 1.56 (very LT)
Bullish: Eur/Cad to test 1.47 (very LT) but will reverse at 1.41 area
Bullish: Eur/Chf to test 1.48 (very LT) but will reverse at 1.33 area
Bearish:
Eur/Jpy to test 108 (IT) but it will test 139 (LT)
Bearish: Eur/Usd to test 1.331 (IT) but it can test
1.5
Bearish:
Eur/Nzd to test 1.694 (IT)
Bearish:
Eur/Gbp to test .76 (very LT)

Bullish: Gbp/Chf to test 1.98 (very LT) but resistance at 1.53
Bearish:
Gbp/Jpy to test 127.1 (IT) but it will test 178 (very LT)
Bearish:
Gbp/Nzd to test 2.0
Bullish: Gbp/Usd to test 1.76 (very LT) but resistance at 1.67 area

Bullish: Nzd/Chf to test .737 (IT)
Bearish:
Nzd/Jpy to test 63 but it will test 72 (LT)

Bullish: usd/cad to test .957 from here
Bearish:
Usd/Jpy to test 80.3 but it will test 101 (Very LT)

Bearish:
/TF and RUT to test 630 area (LT)
Bullish: /NKD to test 10,300 area
Bullish: /ES to test 1355 and SPX to test 1360 area (ST). SPX to test 1420 (LT)
Bullish: NDX and /NQ to test 2,430
Bullish: COMP to test 2,880 area
Bullish: OEX to test 605 area (ST), OEX to test 670 area (LT)
Bullish: $DJI to test 12950 area (LT)

Bearish:
/CL to test 95.75

Bearish:
/SI to test 26 (LT), SLV to test 23.5 (LT)
Bearish: /YG to test 1375 (LT)
Bearish:
GLD to test 131 (LT) 129 (very LT)

Bearish:
/ZC (Corn) to test 525 area (IT)
Bullish: /ZW (Wheat) to 850 (ST) and 650 (IT)
Bullish: /HG (copper) to test 4.62 area
Bullish: /ZS (Soybean) to test 1465 area (ST)