Greetings again, Everyone!
Our Thoughts this morning on increased Risk Appetite on the IntraDay View really never came to Fruition from the general sense.
Currency Units remain largely “Mixed” in Accumulation and Consolidation, as they are still primarily “Anchored” by their Larger Macro-Ranges.
Gold and Crude Oil are The “Poster Children” of this Mixed Environment of Uncertainty… as Gold appreciates almost $8.00 Today, while Crude settles on The NYMEX down about 15 Cents.
Let’s get some Illustration in here, and have a look at the Hourly Swissy, and the Hourly Loonie.
Give The Captures a Click for various Levels of Reference and Commentary above…
Post-Time is 21:15 GMT.
The Hourly Price Action holds the Downtrend S.D. Upper-Channel Line as it functions as Dynamic Resistance. We have Fibonacci Cluster Areas in the Highlighted Area that are acting as Dynamic Support as Price works in The Hourly range of the 1.0740’s and the 1.0950’s.
The Loonie also sees Immediate-Term Consolidation with the 1.3950’s Static Resistance, as Price works the Fib Variants of the Daily Downleg from the May 18th Highs.
The 1.1060’s Support is still In Focus with the “Transitive Rollover” from Resistance to Support.
Please join me again in a few Hours for Wednesday’s “Big Blog” Post, as we move into The Asian Session and see if the Asian-Pacific Sectors pick up on the “Market Indifference” and continue on with our Trading Day!
A Blog of Commentary and Ideas from an FXstreet Premium Member by 


