A Blog of Commentary and Ideas from an FXstreet Premium Member by 
Greetings, Everyone and Welcome to Monday!
We have a somewhat-”rushed” Week with the U.S. 4th of July Independence Day on Saturday, which brings ADP, NFP, Jobless Claims and such a day earlier than usual as U.S. Markets will be closed for The Holiday.
The ECB holds the Majority of Focus this Week outside of the U.S. Data, where Inflationary Concerns still “haunt” The ECB, and their “Independent Stance” in general in relation to other Global Central Banks.
Dollar Strength sees some Daylight to begin the Week, as Crude Oil and Gold open lower.
Let’s check in with The EUR/USD, so here is the Hourly with Commentary above.
Give it a Click for Levels of Reference, and Post-Time is 2:10 GMT.
The Fiber sees Consolidation on the Hourly View ( nothing new here… since I have written and you have read this Word 4 million times in the past few weeks… hee hee… ).
Price simply cannot maintain and Hold above the 1.4100 Handle, as a fall into Accumulation @ the 1.4050’s leads us into the “Confluence” Area of the 1.400 Handle with Dynamic Magenta 1.3980’s/1.400’s Support Area.
The 1.3880’s “Box” sees the next area of Support, where Bullish Sentiment is largely lost In Favor of Bearish Sentiment with a Clean Break.
It is early in The Asian-Pacific Sectors, and early in the Week… so we check back in with plenty of Updates for you!
In the Interim, please join me at the 6:30 GMT Hour for our European Session Installment of the “Currency Majors Technical Perspective” Report, and see how we have progressed so far!
See Everyone Soon!
