Greetings, Everyone and Welcome to Tuesday!

We have seen what is in my personal View… a Classic Battle for the Supremacy of Indecision!

While The Dollar and Yen worked through Risk Aversion to open the New Week… the Climate quickly turned with The Euro, The Queen, and even The Pacifics ( ahead of The RBA Decision…which in my View will Hold, as will The BoE… ) gaining a portion of those gains back as The Dow and S&P 500 attempted at least some Covering to Close the Day.

Gold and Crude are still holding their Depreciation Status… so some “slight De-Coupling” of The IntraDay Perspective is a bit evident here.

“CVJ!… You are Speaking-in- Tongues again!… Are we Bullish?… Bearish?… Gold?…Crude?… Make up your Mind, Man! We have had it with your Mercurial Ways!… our long-lost Friends, The CVJ Fan Club Guys say.

( Hee hee hee… and all of you Dear Readers thought these Geniuses were on permanent Vacation!… well…. we have to have a laugh now and then, right??? )

In all seriousness here… the Indecisive nature of The Markets as a whole are indicative of the Carry-Over from the U.S. Holiday, the expectations of The G-8 and the surprising “Pro-Active” Nature of China… as well as the rest of The Asian-Pacific Sectors ( i.e. Taiwan).

Will China come through with the “Jawboning Feel” of “The Super-Sovereign” Currency to replace The Dollar Reserve?

If you ask me… the continual “flip-flopping” there reminds me of those other historical Jawboning Masters… The Bank of Japan!  

Let’s roll out The Aussie again ahead of The RBA’s Rate Decision, and we will check in as well for the 7-8GMT Blog Update as well.

Here is The Daily and Hourly View with Commentary above, so give The Capture a Click for Levels…. and Post-Time is 23:00 GMT.

The Aussie looks to strengthen on the wide-Consensus that The RBA will Hold yet again with their “Wait and See” Policy.

Even so, we still see the Range that we looked at last week, so perhaps this will be The “Catalyst” to snap through above the .8000 Handle in the Immediate-Term.

Our Longer-Term Uptrend Line here on The Hourly will certainly come into Play for more Clarification as well.

As always, I will be with you around 6:30 GMT for the early “Currency Majors Technical Perspective” Report and a Blog Update to follow, so please feel free to join me then!