A Blog of Commentary and Ideas from an FXstreet Premium Member by 
Greetings again, Everyone!
We come off of the Asian-Pacific Sectors with their Bourses in largely Positive Territory, especially The Nikkei… as we see this “Carryover” into most Majors… either in the Form of Bullish Sentiment, or Bullish Corrective Sentiment with IntraDay Flag/Pennant Continuation Patterns..
Overall despite the Deep IntraDay Volatility we have seen the past couple of Weeks at least… We are still “caught” in Large Macro-Ranges that we just can’t seem to Break through to either “Side of The Fence”.
Here are The Fiber Captures with Commentary above, so give them a Click for Levels of Reference.
Post-Time is 7:20 GMT.
The Fiber remains “trapped” on the Weekly View of about 250 Pips for the last Month… despite The Wicks adding plenty of Volatility.
The Hourly View sees Price Appreciation in a Corrective Fashion with the Hourly Bear Flag/Pennant Continuation Formation.
A Clip of the 1.4000 Handle Resistance sees 1.4050’s… with Failure to Complete The Flag sees Depreciation back to the 1.3920’s Support Area which will bring Bearish Sentiment back In Favor.
Have a look at The “Currency majors Technical Perspective” Report for more Immediate-Term Views, and as always…I will return with several more Updates as we head into The GDP and Weekly Unemployment Claims Data Points!
