A Blog of Commentary and Ideas from an FXstreet Premium Member by 
Greetings once again, Everyone!
With Durable Goods coming out of the U.S. at a surprising Clip and Surge of 1.9% overall and 0.8% Core, as Initial Jobless Claims fell by about 8K as well.
Once again… a probable Stability “Ingredient” to add to our List of “Basing and Stabilizing” Improvement in Data.
The USD/JPY is still the “Overnight Star of our Views… as the Unit has carried the Yen Crosses back to Appreciation after some Corrective Activity.
We check back in with “The Battle of The Channel” in EUR/GBP as well… as The Queen slows Her Swimming against Euro in the past 12 Hours or so…
Here are the IntraDayHourly Captures of both, so give them a Click for Commentary.
Post-Time is just a few minutes after the NYSE Open at 13:45 GMT.
The Dollar Yen appreciates with Significance as the “Bleedout” here should keep the Yen Crosses moving right along… as well as the EUR/USD in the Immediate-Term.
The Dollar is the “Weaker” of our “Two Risk-Averse Friends”… so we will monitor how this progresses throughout our Day.
The EUR/GBP Unit finds Daily Dynamic Resistance with our L.R. Channel Mid-Line from our March 18thOrigination from the Channel High… with an Appreciative Breach of this Level seeing The Queen continue Her Correction to the Weekly 50% Fib Variant Upleg from October 19th at .8747/50 Area.
Of course… back with more Updates on this busy Data Point “Catalyst” Day…along with OPEC and Crude inventories ( delayed from yesterday’s normal Routine… ) so please join me as always!
