Our own George Stein on Yorba Media today at 2:30pm (YorbaMedia.com)

Topics for Wed., 6/05/13  2:30 PM - DX, EUR, MXN, JPY

Good Afternoon,

 We'd like to review some ideas today in the Dollar Index, Eurocurrency, Mexican
Peso and Japanese Yen for traders.

Dollar Index - 82.40-82.50 is support, and today's low so far. Horizontal chart
support - 82.00-82.50 , and more importantly, trendline support in the 82.40 area.
We want to be long here AS LONG AS this market closes above the trendline, which is
82.40 today. Long Term, As long as DX holds in in this area, we expect the market to
re-test and eventually break resistance in the 84.50 area and to trade to 90.00 . We
expect that move to be fueled by European financial troubles and rising MM yields in
the US against flat MM yields in the EU.

Eurocurrency - the inverse of the Dollar Index, this chart is tinkering with levels
above the downtrendline line from the 1.3715 highs, but into horizontal resistance
from the 1.3075 to 1.3175 area. We like distributing shorts here and scaling up OR
down with time and price action as long as  the 1.3193 area holds. Note the .382
Fibonacci of the whole decline from 1.3715 to 1.2755 comes in at 1.3119 and today's
high so far is 1.3118.

Mexican Peso - Continue to wait for the 800-805 area to establish new shorts . It
may or may not occur, but represents a low-risk entry in the very early stages of
what appears to be a possible longer-term bear move.

Japanese Yen - Long Term and Intermediate Term trends are down, while the Short Term
trends are now clearly up. For Traders, short term resistance is in 10220 and
10700-10750 areas. Support is on the downtrend line and against the lows around
9700-9735. For Long Term Traders and hedgers, the 10900 to 11050 area represents an
excellent area to establish shorts.

Always Use reasonable risk parameters and risk capital for trading. These trading
ideas represent our opinions of the market and what we are looking to do for
clients. Thanks for your interest!

regards,

George L Stein
 VP Trading & Technology,
 The BlackBay Group
 http://theblackbaygroup.com/
        1-800-992-4630
(c)    847-924-0397

gstein@theblackbaygroup.com
steincapitalmgmt@yahoo.com

George Stein on Yorba Media today with Michael Yorba at 2:30 PM CST (KFXR/1190-AM – DALLAS TX)

AUD – Australian Dollar Futures. The decline in AUD is well established now, This
decline is approaching some important milestones The 9370 area and the 8730 area as
derived from the weekly charts and symmetrical relationships within the previous
triangle formation. S-T Resistance is 9870-9900 and then 9960-10000.

Dollar Index – This market is at an important decision point. Long Term, DX is
breaking out of a ‘triangle formation, but has yet to reclaim the uptrend line from
the March, 2011 DX lows. Expect volatility, between 8300-8500 due to this interplay,
but with an ultimate resolution higher to the 9000 area and higher

EUR – converse of the Dollar Index, the EUR downtrend is well established. S_T
Support is in the 12700-12770 area and resistance is around today’s highs near
13000. Expect a S_T run towards the lows at 12750, and more volatility in the
12700-13000 range with an ultimate resolution towards 12000 and then par.