Greetings, Everyone and Welcome to Tuesday!

With the Asian-Pacific Sectors in swing now coming off of a relatively “Flat” U.S. Day in Equities and Indices despite the Late Session Rally… we see The Dollar and Yen beginning to Yield a bit… after a largely “Risk-Averse’ Rangebound Day on Monday.

On the Macro-Level, we still hear the incessant Rhetoric of the “Bottoming” in the Economic Crisis with such “Better-Than-Expected” NFP Numbers from Friday… and of course my own personal Thoughts came from Saturday’s Blog Entry … so I will not revisit this Topic here.

Let’s take a little “Tour”, and check on some Units that exhibit potential Formations and Key Levels as we move forward.

We touch base with the AUD/USD, Gold, and the elusive CHF/JPY to cover a Glimpse into The Yen Crosses.

These will give us a “Broader Cross-Section of Sentiments” than say, simply looking at The Majors.

Give the Captures a Click for various Reference Levels, and Post-Time is the “ominous” 00:00 GMT !

While the Aussie Dollar is certainly the “Triple Crown” Winner lately with Its High Interest Rate Carry Factor, Commodity Metals and Wheat Momentum, and relatively positive and stable GDP from Continual Buying from China… the Corrections of Dollar Strength should be “Cause for Pause”, correct???

Not so fast, Sydney Surfers!        

It is this exact “Textbook” Scenario that the Aussie Bulls look for… as the Deeper the Corrections will attract Deeper Levels of Buying Builds.

In the Mid-Term if Price continues with Dollar Strength, The .7475 Area of Static Support is not out of the question… as The Level is full of Strength being the 38.2% Weekly Downleg Level of the July 2008 Highs.

In the more Near to Immediate-Term for our IntraDay Friends, The Hourly View sees several potential Levels to build Buying Positions moving forward.

Gold correlated beautifully with The Aussie, as Its Decline is really the first significant Depreciation we have seen in about 5 Weeks or so…

The $940 Area is Static Support for now, although a Continuation of Depreciation sees $925 bringing Price back into Daily Congestion.

The Swissy Yen sees the “Commonality” among most Yen Units right now… and that is Channel Consolidation.

Price looks to Appreciated in the Immediate-Term, and simply follow the various Channels and Trendlines we are seeing in the Yen Crosses.

Be sure to join me in a few Hours at 6:30/7:00 GMT for the “Currency Majors Technical Perspective” Report as we open the European Session… to be followed, as always, by a Blog Update as we check in and see where Asia takes us!

I hope to see You then!