USDJPY Daily

USDJPY momentum still higher...next resistance is 118.45; then 119.15

123005%20JPY.png

Euro Daily

Basic indicators...stochastic and MACD turning up...Bands narrowing as 20-day moving average has turned higher...

A bunch of volume just under 11800 today...could set the stage for advance...a break above the upper daily downtrend would represent strong confirmation of a move...

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Euro Daily Chart

122905%20EUR%20Daily.pdf

China: Arguments against slowdown

122905%20China%20consumption.pdf

Trade Recommendation: Issue #47 Buy euro

Black Swan Letter
Recommendation Issue #47
Currency: euro - Buying on a stop!
28-Dec-05 5:24 a.m. EST

Forex:
Buy EURUSD @ 11935 /STP / SL 11799 / PT1/ 12060 / PT2/ 12170

Futures:
Buy Mar euro @ 11983 /STP / SL 11847 / PT1/ 12113 / PT2/ 12223

STP – Stop order entry
SL – Stop-loss point
PT1 – Profit target #1
PT2 – Profit target #2

Risk Disclosure: There is substantial risk involved in trading in the forex or futures market on a highly leveraged basis. No trader who is unfamiliar, either himself or together with his financial advisers, with such risks should consider trading in the forex or futures markets. Neither Black Swan Capital LLC nor Jack Crooks accept liability for any losses that may directly or indirectly result from any advice or opinion or information provided in this service, whether negligent or otherwise.

US Slowdown View: A message from the yield curve

0106%20BSL%20EF%20US.pdf

Japanese yen daily resistance #'s: CORRECTION

Daily Resistance for USDJPY should be as follows:

Resistance: 117.64, 118.45, 119.14

This is a correction to the January '06 Issue of Currency Charts from 26 Dec '05.

Natural Gas Daily: Getting Smacked

Nat gas is getting hit very hard today. Will crude follow? It is approaching critical support. A move below $56 sets the stage for a fall to the $45-50 level.

Nat Gas Daily
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Crude Daily
crude%20daily.png

Currency Charts

Six major pairs monthly, weekly and daily...

0106%20BSL%20EF%20Charts.pdf