A Blog of Commentary and Ideas from an FXstreet Premium Member by 
Greetings on this first Wednesday of 2009!
Let’s have a quick check of our Technical thoughts on the Euro yesterday…
We did, indeed, receive our downside momentum push out of the consolidation Pennant/Triangle formation!
I am still of the view that our near-term “Basing” area of 1.3230 is deeply probable.
If this is significantly breached…then 1.3050 is our next downside risk area.
Here’s a Recap view on the Hourly…
(Post-writing time tonight is 2:45 GMT).
(click once for captures)
Now…let’s see how our other “Mate”, the Aussie, is fairing this first week of 2009!
As for today’s Post Title…
I know I always use the “Surfing” metaphor for the Aussie Dollar…
What can I say?…some of the finest waves in the world off of its’ shores…maybe I’ll ride a few one day!
“Back to business, CVJ !…You can surf later !!! “
Hey!…the three “CVJ Fan Club” guys are back from Holiday!…hee hee… 
OK…to the Daily view to see where we stand!
We do, indeed, have increasing interest in the Commodities Sector of Australia, and as always…specifically the Metals Sector and Gold…as the shiny metal is also under nice overall appreciation!
Technically, we have a similar Macro-Bear Flag here…with similar Fibonacci “flashpoint areas” as our Euro friend up above.
We have the U.S. December private Sector ADP Payrolls Report tomorrow…so I will, indeed, be back with an Intraday Update for you to see where we proceed.
Of course…those of you who have known me for quite some time know my thoughts on the “MENSA Candidates” that actually find validity in this Report…