Equity futures are up a bit today, but not so much that it looks like it’ll be a strong up-day — it could be, but there’s not enough there for me to say that at this point. I’m going to take the baskets at face value.
USD – S/N – If equities are truly strong, I’d be comfortable shorting this. It’s reversed back to the downside, and is currently sitting at some support. I’ll look at a USD chart or 2 in case that is the case, maybe there’ll be some opportunity here today
CAD – N – Not a whole lot can be said about this today that I haven’t already said about it. I’m going to continue to leave this alone
Today’s Pairs
AUD/USD – Long
AUD/CHF – Long
EUR – N – This is in a a bit of a low-base again, and is showing signs of weakness. I like this to the downside, but not quite enough today to short it again. I’ll continue to monitor my current trade and when that closes, look at EUR again for another move
GBP – N – This is also still in that low-base. I’ll hold off here
JPY – N – This has been down over the last 4 days, but isn’t moving that much. It’s in a bit of a base right now, too. I don’t love this right now, I’ll revisit later
AUD – L/N – I’m in an AUD trade already, but it broke out of it’s base and made a strong move up, and is currently stalled at some more resistance. If it can push through that level as well, I wouldn’t mind taking a second position here
NZD – N – This is up a decent amount today, but it’s still within the range it’s been in for almost a month, now. At this point I don’t want to touch this, but maybe tomorrow, I’ll look to short this within it’s range if it reaches the top of it
CHF – S – This pushed through support and looks like it has a decent amount of weakness behind it. I’ll see if there are any opportunities to short this on individual charts