Equities are down a bit on the day today, but not enough that it’ll really affect currencies. I’ll take the baskets at face value.
USD – S/N – This is continuing it’s weakness this morning, and has pushed through another level of support (and has stalled at another one, again). Fuck, idk anymore. I’ll look at this short on a breakout of some support
CAD – S/N – I feel like I’ve been trying to short CAD for a few days now with limited success. It’s pushing down again today, and looks like it’s broken the “neck” of the head and shoulders pattern it created. I’ll take a look at this short
EUR – N – This is in a range again and while it’s broken it’s ranges and made good sized moves, it’s done so unpredictably (to me). I’ll leave this alone for today, maybe look at it when it gets closer to breaking out
Today’s Pairs
GBP/USD – Long
GBP/CAD – Long
GBP – L/N – This shot up a ton this morning, taking out a few levels of resistance and stalling at another one (that was prior support). I’ll take a look at this to the long side, but I’m sure it’s extended so I probably won’t do anything with it. I’ll glance just to see though
JPY – N – This is up a decent amount today, but it’s well within a longer-term range. I don’t love this here so I’ll hold off
AUD – N – I don’t have a ton to say about this right now except that I don’t like what I see and I can’t choose a direction
NZD – N – Similar to the above
CHF – N – Similar to the above