Good mornnig, afternoon, evening.

If you have an idea for your favorite trade today, feel free to jump right in and share.

Some ideas:

  • EURCHF is getting closer to the 1.2000 peg level from 2011-2014. If you bought against that level in those years, do you sell against it now?
  • GBPUSD tumbled lower yesterday, and further away from a new high since Brexit on Tuesday. Is the high in place? We are below the 200 hour MA at 1.42147 (close risk). The 100 hour MA is at 1.42744. Do you look to sell a rally nearer that level? A move below 1.41705 (50% of the move up from April 5th and the near the low from yesterday), opens up the downside for more selling
  • The NZ CPI comes out shortly. The NZDUSD 200 hour MA and 100 hour MA comes in at 0.7343-48. If that level holds on a rally after the number, it would be a good area to sell against. Below 0.7300 should be more bearish.
  • I outlined AUDUSD levels to eye through a surprise Australia employment number later today

What are some of your ideas?