Greetings, Everyone and Welcome to Thursday!
As we move “Around the Currency World” in The Blog this week, let’s now have a look at The Euro once more, and bring back the Kiwi Yen, in accordance with The Pacific Dollars and Pacific Crosses trending nicely on the Heat of The Commodity Indexes and Units.
I will “Break Up” this Post as we move towards the Update at 8:00 GMT after The Currency Majors Tech Report at 6:30/7:00 GMT… So let’s get to it!
First up… We look at the Daily and Hourly of The Fiber… as The Unit deals with further Correction and Pressure from several “Criteria” including Crude Oil, ECB “Dovishness” and Uncertainty with Interest rates… and of course… Fine Classic Technicals!
Downside Correction in the Near-Term us due…so give both Captures a Click for Commentary.
Post-Time for all Four Captures is 2:20 GMT.
The Kiwi Yen Daily is adhering nicely to our Long-Term S.D. Uptrend Channel… as our Fib Variant Projections came into View with Accuracy.
The Hourly provides more Detail of our various Levels, as Price looks to Completion of the Upleg above the 60.00 Handle.
So there we have a “Foundation” to build upon as we move through the Asian Session and into London and Europe.
I will be back with you for the “Currency Majors Technical Perspective”, and will post a Link on our Blog Update immediately after as well… since my Views and perspectives on this Report are much more in the Immediate-Term… than on most of the Hourly Views I use on The Blog.
Remember… It is always Crucial to See Things with “New Eyes”… and that is precisely what this 7:00 GMT Report does for me!
I hope All of You find some benefit from it as well!
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