A Blog of Commentary and Ideas from an FXstreet Premium Member by 
Greeting to a new week, Everyone!
We continue on this week from last weeks’ fallout of Macro-Event Risk… as the FOMC Decision is on course this week, as well as the Bank of Japan, the G20 Meeting Rhetoric, and the BoE MPC and RBA Meetings Minutes.
TIC Data at 13:00 GMT may be interesting… considering the recent Press Conference from Wen Jiabo in China, and his blatant concerns about Chinese Inflows and Assets in U.S. Treasuries.
While all of you know I am not a Fundamental Trader in terms of “Style”… I do enjoy and find it essential in my own work to be enlightened as to what is going on.
As we know… any Data Points… be they actual Release or “Rhetoric”, do affect the Long-Term Cycles of the FX World, as they give us a “Bellwether” in looking out several months concerning general ”Sentiment”.
In the Interim… we simply look to the Technicals in our Tool Box and move forward.
At the risk of annoying my “Partners”… the CVJ Fan Club Guys… I wish to visit the Euro and the Euro Yen out on my Longer-Terms Views to see where we are.
“CVJ!… We knew the IntraDay views would not last!… We knew you would break down and go to your Monthly and Weekly Views… so we have a message for you… Off with your Head!…”
They should be on TV, shouldn’t they… a real trio of characters for the stage, these guys…hee hee… 
Here are the Monthly, Daily, and Hourly views of the Euro, so give them a Click.
Post-Time is 3:15 GMT.
Failure in the near-term may propel a stronger Dollar to the 1.2800 area of Support, followed by 1.2760’s/50’s and the lower Channel Line.
A clean momentum push through the 1.2960’s will meet with Major Resistance at the 1.3000 Handle in which short-term Bearish Views may be favored… as well as highly probable Options Barriers.
EUR/JPY is moving in a very similar fashion, and here are the Daily and Hourly Views.
A Bearish View will really only come into favor here on the Hourly if we can breach the 124.00 Handle, while Bullish Views will gain significant confidence violating the 128.00 Handle with ease.
So here we are… Continuation and Consolidaton.
A Catalyst is needed… so we will check back on these two during the European Session, as always!
