Welcome to Wednesday, Everyone!

The Japanese Confidence Sentiment Survey, Tankan, comes in with it’s fastest fall on Record…posting a reading of -58 with Big Manufacturers… and a 34-point decline off of -24 in December’s Diffusion Index.

The Yen itself, as well as the Dollar, have Risk Appetite back in View with Repatriation and “Safe-Haven” Sentiment coming to a close, if you will.

The USD/JPY, EUR/JPY, and the GBP/JPY all peel off on “Corrective Counter-Intuition” with Profit-Taking of the Month and the Quarter.

Here are the Hourly Views of all three Units, so give them a Click for Commentary, as always… and Post-Time is 3:00 GMT.

We will certainly check on these during the European Session ( barring any Connection Issues, hopefully…) and I will be back with you in a few hours as 7:00 GMT for the “European Technical Perspectives of the Majors” Report!

Hello again, Everyone!

A brief Update to see where we are as we head into the “Doldrums” of the day, and look towards the Asian-Pacific Sector in a few hours.

Our Majors, in general… ( Euro, Swissy, Aussie, etc.)… are beginning to clearly quiet down although the USD/JPY and most of the Yen Crosses continue to grind away with Yen weakness.

Let’s have a look at Dollar Yen and notice some Areas of Confluence on an IntraDay basis.

( The 50% Fib Variant is “buried” under the Transitive Rollover…but clocks in @ 98.88)

Give the Capture a Click, and Post-Time is 19:05 GMT.

Of course… we will discuss the looming Rate Decision out of the European Central Bank as there appears to be resistance to following the “Quantitative Easing” Model…. more on that this evening!

Greetings Again, Everyone for another Update!

( My apologies for the slight delay… as we are experiencing some Connection Issues…)

Our Two Friends, here… EUR/USD and USD/CHF… have continued on with their Price Levels that came into View… so we now see if Continuation with Directionality can continue.

With the Final Trading Day of the Month…we may expect “Extensions and Truncations” of Price Action across the Board… with Institutional Activity squaring the Books for the Month, Profit-Taking, and Covering… so always something to be mindful of.

The Asian Sector did kick into Gear with this exact “Plan of Action”, if you will… as we saw Appreciation in the Dollar Yen Unit  as well as the Pacific Dollars of the Aussie and the Kiwi moving forward.

 Here are the Hourlies once more of the Euro and the Swissy… so give the Captures a Click…and Post-Time is 14:45 GMT.

I will be back with you later for more Updates, ( if my Intermittent Connection Issues stay resolved…), as we move on with our Day!

Greetings Everyone!

While we have Macro-Consolidative Behaviors on the Euro and Swissy… we are back within our “Inversion” Relationship between the two Units as they look for opposing Price Behaviors.

Some Key Levels are coming into View on both Units, and we will simply see if any “Projective Concepts” come to fruition for the Integrity of the Trends.

Here are the Hourly Views of both Units, so give the Captures a Click as always… and Post-Time is 2:45 GMT.

As always, I will return around 7:00 GMT for the “Technical Perspectives of the Majors” Report… as well as more Updates as we continue with our Day!

Greetings Everyone, and great to be back with you for another week!

With Macro-Fundamentals and plenty of “Rhetoric” today on several Fronts… we continue on with Risk Aversion and a stronger Dollar and Yen.

We reach a Key Level on the Daily View… and continued violation of this Area brings 1.3084-1.3034 Range if we fall in Depreciation.

If Support does, indeed, hold here… Bullish Views will desire a “Clearance” of the 1.3200 Handle.

Here are the Daily and the Hourly Views…so be sure to give them a Click, as always… and Post-Time is 16:30 GMT.

Of course, I will be with you again this evening to see how all of this plays out with a “Rhetoric-Filled Day”!… as well as the Technical Perspectives of the Majors @ around 7:00 GMT.

Hello to Everyone !

I will be away today… as some health issues have arisen with my Grandmother… who is 99 years old.

Sharp as a tack… ( She does the Newspaper Crossword Puzzle everyday in 10 minutes flat…) … her body is, indeed, rather fragile these days… so we need to tend to her needs.

I will be with all of you tomorrow hopefully with Goodness coming your way… and I thank all of you in advance with sincerity for your thoughts and concerns.

Sincerely,

 - Tim -

Greetings again to All!

With our last two previous Posts/Updates…we have simply seen Price Succession as we have moved from the Asian-Pacific Sector into the U.S. Session over the last 12+ hours now….as we favor this continued Strength in the Immediate-Term.

The Yen Crosses have behaved in “Classical Textbook” Fashion in terms of  Price Formations and Corrective ease… as various Flags/Pennants are under formation on the IntraDay Hourly Views.

On the Macro-Term… our old friend, “Rhetoric”, appeared once again out of Japan indicating no real interest in any sort of “new” Global Currency, as Japan has no interest in changing the “Status Quo”… and they do not wish to discuss the Issue at next week’s G20 Conference.

This, on the back of strong PCE and Michigan Sentiment… gave the Dollar and Yen Bulls some “Catalysts” to continue Corrections against their recent Weaknesses.

Here are our Hourlies again, so give them a Click for Commentary.

Post-Time is 16:10 GMT.

Have a fine weekend, Everyone and as always… I will be with you again for the Sydney Open Sunday afternoon ( my time) !

Greetings Everyone!

As promised, here is an Update coming off of our last Post about 5 hours ago… and my thoughts on the “Rhetoric” we spoke of earlier now has a bit of supportive evidence with Current Yen Strength and Sentiment.

We can view these Corrective Behaviors two ways, really… As supportive evidence that either The Yen is not quite ready to retire… or as part of the Integrity as a Pullback in our Trend and resumes being “Carried” ( as in Carry Trade…) in the Medium-Term View.

While we are early in the European Session… let’s have a check with EUR/JPY as well as GBP/JPY… as the Pound Yen Cross shows even more Yen clarity.

Both Captures are the Hourlies, so give the a Click… and Post-Time is 7:40 GMT.

Of course…We will stick with these Crosses throughout today and even check in with their EUR/USD and GBP/USD “Cousins” as well!

Happy Friday Everyone!

With the Bullish Week Wall St. has had… we hear that obligatory, yet cautious concept of “Rhetoric” again, as we have discussed under a few Scenarios over the last couple of weeks.

There is, indeed, continuing “Talk” out there about so much “Basing”  and “Bottoming” not just in the Foreign Exchange world… but in literally all Financial Markets… that incessant “Talk” of a “Parabolic Paradigm Shift” can be seen all around us.

In my personal opinion… our Climate is too premature for such Rhetoric… but nevertheless…  it is affecting the Markets and it does exist  within the current Risk Appetite environment.

Perhaps the “clearest” Examples of the Risk Appetite Model are the Yen Crosses that we referred to earlier in the week with our “Four Traveler’s Theme”.

In the end… what we are really dealing with is “PERCEPTION”.

So is Risk Appetite truly back???… 

Are the “Yen and Dollar Days of Strength” over???

Here are the Daily Time-Cycle to clarify my thought here… and we will check in with the Hourly around 8:00 GMT as well…

Give the Capture a Click, and Post-Time is 2:45 GMT.

We do see some Corrective nature is needed here going forward… but like its’ own Major Unit of EUR/USD… these potential “Deeper” Pullbacks simply clarify the inherent strength of these Trends.

I will be back with you in a few hours for the Currency Majors Technical Perspective  at right around 7:00 GMT!

Greetings again, Everyone for an Update with The Queen!

Slight Dollar strength over Hourly Time-Cycle has taken us to our Probable Levels we spoke of during our last Update.

We cut the Transitive Rollover S & R Area and now look to either form another T.R…. or simply engage more Dollar Momentum and head for the Topside Channel Confluence… although this Area may be Well-Bid by Limit-Buy Orders.

Here is the Hourly once more, so give it a Click… and Post-Time is 18:05 GMT.

Of course… I will be back this evening ( my time) for another large Blog Entry… as we move towards the final Trading Day of the week!