A Blog of Commentary and Ideas from an FXstreet Premium Member by 
Greetings, Everyone and Welcome to Friday!
We have had an Event-Filled and Volatile Week of Work this Week… especially if you Working Style is on the IntraDay Levels!
While in the very-near Immediate-Term, we should see, and are seeing, some Dollar and Yen Strength as Prices move to break various minor Levels of Consolidation and Mixed Sentiment… we can step out a little bit and see Corrective Retracements now setting up for potential Bullish Builds to come back into The Markets over the next few Sessions.
The Yen Itself looks to a little more Weakness of Late than Its “Partner” in Risk-Aversion and Appetite…The Dollar.
We still look to these Two Currencies on their own Individual Merit as a “Bellwether” for out Strength Vs. Weakness Ideas, and the varying “Degrees” that we may see…
We check in with one Yen Cross as a Measurement of this Idea, so here we have the AUD/JPY on the Daily, Weekly, and Hourly Views.
This Cross is rather Illustrative of current Yen Weakness with the heavy U.S. Treasury Bonds selling off yesterday, and the subsequent weakening of The Dollar off of Support Areas, with The Yen weakening as “Collateral Damage” in this case.
Give The Captures a Click for Levels preceded by Commentary, as always… and Post-Time is 8:15 GMT.
The Aussie Yen still finds Buoyancy with Its Long-Term Uptrend Channel from January on the Daily View, as Price is “Anchored” quite nicely through the entire Macro-Upleg.
( I must say this Unit has been a Position Trader’s Dream… as has The Aussie Dollar… for those of you out there who subscribe to these Longer-Term Views… 
On the Larger Weekly level… we can say this entire Upleg is simply a “Wide” Flag coming out of a Bear Flag Formation, as the “Textbook Case” is evident with a Hold at Major 50% Fib Variant/Static Resistance that we currently see.
The Hourly View sees the IntraDay Range rather clearly… as Price looks to Clip the 78.20’s Dynamic Resistance Level to see the 79.50’s Static Resistance, and 50% Weekly Downleg Fib Variant Areas.
Please have a look at The “Currency Majors Technical Perspective” Report recently published for some Immediate-Term Views on where all of the still-continuing Macro-Consolidation and Ranges may be taking us leading into The Weekend!
Of course… I will have several more Updates for You as we move along in the Trading Day, so please come back for a Visit!