Greetings once again, Everyone and Welcome to Friday!

I have the “Big Daily Blog” Entry a bit early today so I can give more Content as we head into the Final Day of Trading for the Week!

At the NYSE Close… The Dow and S&P 500 clear the Day in Positive Territory, with The CRB Commodities Index reaching 7-Month Highs.

Gold and Crude continued on after Shallow Pullback in the Week, as Continuous Crude on The NYMEX closes at $72.68 at also a 7-Month High and a 3-day Continuous Rally.

EIA is now calling for Higher Demand, which will keep The Black Gold Well-Bid in the Near-Term.

The Higher Oil Price… and Expectation of It Continuing… sees a subtle “Check” of Inflation as well as the Continuance of Dollar Sentiments being “Out Of Favor”…bodes well as another Element in the Macro-Recovery Situation overall.

The Low-Yield/Safe Haven Aspect of The Dollar and Yen that we have seen all Year are slowly giving way towards a bit of Risk-Taking with more Capital Inflows into more “Riskier” Asset Classes such as Commodities.

The Treasury Auctions still weigh heavily as a Larger Concern in my Personal View… as The Fed needs to continue this Practice to be “On Target” for their overall Planned Purchases.

The ever-increasing Yields in Bonds casting a “Shadow” on these Treasury Purchases, the Pressure for The Fed is even more tanamount here for their increasing Treasury Purchases moving forward.

This Primary Component is Deeply Dollar Negative… and is already sensed by he markets on a Macro-View.

We are seeing this already by the simple Fact that Technically… all of our Dollar and yen Strength has been “Event-and Data-Driven”… so it is “Plastic and False”.

It is NOT due to the inherent positive Factors within The Dollar Itself.

We can use The Swissy and The Kiwi to illustrate various “Degrees” of Strength… similar to what we did on our last Blog Update with the Euro and The Aussie…

Here are The Daily and Hourly Views for various Levels of Reference and Commentary above, with Post-Time being 00:50 GMT.

The Swissy Daily still holds Downside-Risk Pressure, as the 1.0755 Daily Dynamic Support is Clipped as Price looks to turn the New “Transitive Rollover” into Resistance moving into the 1.0680’s Static Support Area.

The Hourly View give more Insight and Clarity as Price remains “Anchored” by The Downtrend Channel, and moves in Symmetrical Fractal Formations. An Immediate-Term Bounce may be seen towards the 1.0750’s, and a Rejection here is probable in consideration of The Channel Behavior.

The NZD/USD Daily continues North with Adherence to the Longer-Term Daily Uptrend Channel from April, as Price sees the Daily Static Resistance at the .6000 Figure In Sight.

The Hourly View sees a potential Immediate-Term Correction to the .6350’s Area of “Transitive Rollover” Support.

Please feel Welcome, as always, to join me for The Currency Majors Technical Perspectives” Report right around 6:30/7:00 GMT, and another Blog Update to follow!

I hope to See all of You then!