Equities are still in a base, so I’ll take the baskets at face value again.
USD – N – This pushed down yesterday, a bit further than I hoped it would. I wanted it to bounce off of the support level that was prior resistance, but it pushed through that level yesterday. That said, today, it’s up a bit and looks like it’s holding on to some strength — but now it is, again, having trouble pushing through that resistance level. Idk.. I don’t love it so I’ll hold off for now
CAD – N – This is still in the big range it’s been in for the last couple of weeks, and there appears to be a lot of whiplash on the 4h and hourly charts. I’ll hold off here this morning
EUR – N – This pushed down this morning, but reached the top end of a support level from last November and rallied. Even if this does push down through the day’s lows, the low end of the support area is still a ways away — idk if it’ll reach that — so I’ll hold off
Today’s Pair
GBP/NZD – Long
GBP – L/N – This pushed up this morning, but is in the midst of a fairly large drop. This might be a return to the downside, or it could be a bull/pullback/retest. I’ll take a look in case it’s the latter, and I’ll try not to chase
JPY – N – This appears to still be in a basing pattern. I don’t see much directionality to this either way, so I’ll hold off
AUD – N – This is down a bit on the day, but on the 4h chart, it’s pushing up. It’s essentially basing right now, and is still a bit off of the highs of the base. I’ll leave this alone for now, and maybe revisit if it looks like it’s going to break out — I’ll set an alert
NZD – S/N – This is down a good amount on the day, but stalled at some support and rallied. There doesn’t appear to be a ton of room between the current low and the next low, but I think I’m willing to take a look at this on individual charts just in case
CHF – N – This is still basing on the daily chart — on the 4h chart, it looks like it tried to push up, but ultimately pulled back pretty quickly. I’ll leave this alone for today