Greetings again, Everyone!

We are about One Hour into the NYSE Open, as Positive Retail Sales and falling Jobless Claims bode well for the Equities and Indices in the Near-Term.

The Dollar Itself remains generally “Mixed” and a bit “Independent” in Movement…as we see Hourly IntraDay Weakness in most Majors but Strength against It “Comrade in Low-Yielding Arms”… The Yen.

Macros here include the general “Fear and Uncertainty” of China’s Perspectives concerning the U.S. Reserves and Treasury Yields… as well as some Rhetoric “In The Air” with The ECB and other EU Entities with a Concern for continued Strength in The Euro moving forward.

While this may be early Signs of “Jawboning”… Dollar Bulls have another Component in their Arsenal here to continue Accumulation and push for Reversals with Dollar and yen Strength as we continue on.

Please be Mindful here… as the Market “Noise” and Volatility may get heavy for those of You who Work on an IntraDay Basis.

Let’s have a look at The Fiber and The Aussie to illustrate how The Dollar is having varying “Degrees” of Strength with Its current ”Mixed Profile”…

Here are the Hourly Views, so give them a Click for Various Levels of Reference and Commentary above.

Post-Time is 14:30 GMT.

The Fiber, while showing current Dollar Weakness, is still locked in a Larger Range now between the Dynamic Support and Resistance Fib Variant Areas of 1.3916 and 1.4122 in the Immediate-Term. 

Our “Transitive Rollover” of Resistance-Becoming-Support is still very Valid and has been for several Days now… this is Indicative of The overall Range-Bound Tendencies we are in.

The Aussie Hold an almost Opposing View…a the “Degree” of Dollar Weakness is full of much more Momentum and a more “Obstacle-Filled” Environment as The Aussie has The Commodity Metals Complex behind it, China’s Trade Interests, and Positive Carry to keep The Currency Buoyant in the Near to Mid-Term.

Please join me again as we move forward throughout the Day… as more Updates are surely on the way for You!