Equities just touched all-time highs yesterday, but today, they’re down a bit. It looks like it’s just a bit of a pullback, but that’ll probably be the case throughout the day. I’m going to expect a push back up next week, but today I’m just going to take the baskets at face value.
USD – N – This is on a bit of a rally right now after pushing down over the last couple of days. Looking at the 4h chart, though, and price has stalled at some resistance and looks to be pushing back down. I don’t want to short this as long as equities are down, so I’ll hold off for today, but I think this will make a great short next week
CAD – L/N – This has spiked a ton this morning, and I probably already missed the move. I’ll take a look at this to the long side, but I won’t chase here
EUR – N – This is still ranging.
GBP – N – This is down a bit today, but it’s stalling at some support from a mini-base it formed a week ago. This has been strong all year, so this looks like it might just be building energy. I’ll hold off for today and revisit next week
JPY – S/N – This is down again today, but not as much as yesterday. That said, looking at the 4h chart, it’s in a nice base, so it might be ready to push further if it breaks the base. I’ll take a look at this on individual charts
AUD – N – This never really broke through that resistance level and actually is pulling back off of that high. Overall, this has been strong, so I’m not looking to short it, but it’s not in a place where it looks like it’s ready to be bullish right now, so I’ll hold off
NZD – N – This has pushed down (obviously) much more than AUD, but it’s still stalling at some support. The area it’s stalling at isn’t even the lows of the range, so I’ll hold off here, too
CHF – N – This is still just in a low base. Doesn’t look like it’s going anywhere anytime soon. I’ll hold off