A Blog of Commentary and Ideas from an FXstreet Premium Member by 
Happy Friday Everyone!
Well… the sideways consolidative activity of these two “overall”… ( meaning out on the Weekly and Daily Views)…really is not surprising.
With the consistent coiling and building of energy in both Units in the Hourly Views… we may expect an inevitable Break sometime soon… irregardless of direction.
In the Macro-View… Crude Sentiment is largely Bearish as Inventory Consumption is falling by 1.2-2 million Barrels a day… and technically, as long as the Major Resistance on $50.50 or so holds and locks us in to these little Support-and-Resistance ”Ranges” we have.
The Loonie itself looks highly probable to work on maintaining its’ strength…despite the possible Rate Cut on the way… hence… the Pair itself will fall and depreciate.
Let’s get to our Views again, and Commentary is annotated as usual.
Give the Captures a Click, and Post-Time tonight (for me) is 3:05 GMT.
We will continue with more Updates throughout our day to see if any of our levels and dynamic areas remain respected, or do, indeed, become violated.
