sedemmler

sedemmler

Rationale in the chart. EDIT: We broke 1.41843 but the EuroZone got some tough data today. I cashed it out +88 pips and left 1 lot in with a b/e stop.

sedemmler

The GBP may be set to move big against the Canadian Dollar. Rationale in the chart.

sedemmler

The GBP needs to keep pace with the AUD on the positive data front, but if it can hang there's potential here for a solid upward move. I'm targeting: 1.68214 first and, second, if nothing fundamental shifts, 1.69283. Price Target 1 -- Nailed it @ 1:00p.m. EST.

sedemmler

If the Aussie CPI comes in weak, this looks like a classic convergence/divergence set up.

sedemmler

We have a nice divergence trade setting up now that the US debt/shutdown nonsense is over. There could always be one more pop at the Euro open, but I see that as an opportunity to get short. Target at least .98 likely in the low .97's before things settle.

sedemmler

The market is too unsure of itself right now re:US debt ceiling/shutdown. However, should those situations resolve themselves positively, I do think the $AUD is in line for a run to the price levels suggested here. I might start to build a long position around here. Thoughts?

sedemmler

Rationale in the chart.

sedemmler

A debt-ceiling/gov shutdown deal in the US will push this near 82.75/83.00

sedemmler

AO, CCI, ASI all trending up coupled with early Euro strength. Long from .8421 looking for .8500/10. Once the price breaks .8450, I' may use a trailing stop to protect profits.

sedemmler

An idea entirely contingent upon a strong NFP this Friday and then tapering of the consensus dollar amount. Lots of running room if that hits, however,

sedemmler

Divergence suggests a pullback. Although the larger trend suggests it may only be slight.