Greetings, Everyone and Welcome to Tuesday!

We arrive a couple hours into the Asian-Pacific Sector as Ben Bernanke is speaking about the Instiutional Stress Tests with his normal “Jawboning Positive” Rhetoric overall… calling for deeper Insight into Internal Analysis from the Institutions themselves, Gradual Improvement, and the banks being Well-Capitalized.

Well… I will be Tactful here and simply not say a Word.

“That’s right, CVJ!… Do not say anything! … We are going to Washington for another Protest anyway… We will speak for You!”, the CVJ Guys say…

First London and now Washington… “Hey!… Do you Geniuses ever do any work or what???”, I fire back… hee hee hee….   

With Macro-Corrections still the Name of the Game in most Products, Currencies, and Global Exchanges… our Thoughts on eventual Appreciation certainly may be seen considering the Integrity of these Trends.

As we know in most cases… The Deeper the Corrections…The Stronger the Trend.

While the Swissy continues to Strengthen within Itself… Fiber continues to the Upside while providing Significant Dollar Weakness… which the Dollar Yen picks up on with Correlating Behavior.

Usually with these Two Units… the Correlations are very erratic and unstable… especially lately with The Dollar and The Yen both having the same “Low-Yielding Role” to play with consideration to other Currencies.

In the current Case, we see the Dollar Weakness rather clearly on both Units.

Let’s pull the Dailies and then go to the Hourlies for additional Clarification.

Give the Captures a Click for Commentary ,and Post-Time is 00:40 GMT.

Of course, please join me in several hours for the “Currency Majors Technical Perspective” around 7:00 GMT, and a Blog Update as well as we lead into the London/European Session!