A Blog of Commentary and Ideas from an FXstreet Premium Member by 
Greetings, Everyone and Welcome to a New Week!
We begin the Week with a relatively “light” Event-Risk Day… as The Aussies have a Bank Holiday so they are all at The Beach putting “ Shrimp on the Barbie”… and The EU and U.K. have light Data with Investor Confidence and German Factory Orders, as well as BRC Retail Sales and the RICS Housing Numbers.
With that being said, let’s move away from The Majors from Friday’s NFP and check on a few of The Yen Crosses.
First up is the EUR/JPY, followed by the GBP/JPY, and a rare Unit that we rarely see or discuss… The CHF/JPY!
Here are the Hourlies for Various Reference Levels with Commentary above, so give the Captures a Click as always.
Post-Time is 2:00 GMT.
The Euro Yen looks to Near-Term Appreciation with a Break of the Symmetrical Triangle ( despite the NFP Wicks on both sides… ). Clear Appreciation and a Hold above the 138.00 Handle sees the 140.00 Figure clearly in View.
A Correction on the IntraDay Level to the 137.00 Area simply has a High-Probability of attracting Buying Builds and increasing the underlying Momentum.
Similar Sentiment is found with the Pound Yen, as The Queen Herself looks to recover some of the Appreciation She gave up on Friday. In our Case here, The Queen (GBP/USD) will certainly propel this Cross if significant Appreciation is Seen… as The Dollar and yen still maintain their Appetite/Aversion Relationship.
Any Corrections back to the Ellipsed Area and 155.00 Support will, like EUR/JPY, have a propensity to attract Buyers at more attractive Levels.
The Swissy Yen also looks towards Appreciation, albeit with a bit more “Market Noise” and Volatility. Price still adheres to the Mid-Line Dynamic Support, and looks to Clip the Upper Channel Trendline and Static Resistance at the 91.00 Handle.
What the Crosses tell us is an interesting “Glimpse of Sentiment”… as The Dollar Strength on the back of NFP illustrates The Dollar is stronger than the Yen concerning Its other Currency Relationships.
Of course… we know this simply by looking at the USD/JPY Battle Itself! 
Let’s check in as we move along to begin our Week with more Updates, of course… and please come by for some Immediate-Term Details with The Majors for the “Currency Majors Technical Perspective” Report right around 6:30/7:00 GMT!
See You Then!…
