A Blog of Commentary and Ideas from an FXstreet Premium Member by 
Greetings, Everyone and Welcome to Tuesday!
As we enter into the early Hours of the Asian-Pacific Sectors… there really is not a reason why the Asian Bourses would not continue on with the “Bleedout” of the European and U.S. Trading Days as we move along.
While The Dollar and The Yen may gain some Strength on this “Leg”of the Day… We may still see the “Shallow” Corrections that we were discussing in our last Update with the Dow and S&P 500 Summaries.
Let’s check in with a Round-Up of some Commodities and a couple of Majors… The Fiber, Aussie, Gold, and Crude.
Commentary is above the Captures this time around, so the Areas we may see are Highlighted.
Be sure to give them a Click, and Post-Time for all is 1:20 GMT.
The Fiber finally escapes a bit of that burdensome “Weight” from last week, and reaches new 2009 Highs against The Dollar… although a Corrective Downside Break in the Immediate-Term is Highly-Probable.
The Growth and Demand Issues in China are certainly a Factor in the Appreciation of The Pacific Dollars… as The Aussie also has the benefit of the soaring Metals Commodities Complex as well.
Gold and Crude Oil simply continue on in “Mutual Consolidation” on the Hourly Views, as most other Major Commodities and Currencies…. we are seeing literally the same type of Activity across Inter-Market Perspectives.
Please stop by again for the 6:30/7:00 GMT “Currency Majors Technical Report”, as well as another Blog Update… and we will see how Asia handles all the Appreciation…as well as potential Corrections… to begin this NFP Week!
