Line Changes:
Continuing to extend active green and red lines at 10330 and 10357

Position Changes:
None. Flat.

Order Changes:
No orders in over weekend.

Comments:
Happy New Year to all

The British Pound fell to a low of 1.5857 against the greenback, with the RSI slipping into oversold territory, and the currency may continue to trend lower over the remainder of the week as price action breaks below the narrow range carried over from the previous week.

Talking Points
• Japanese Yen: Modestly Lower Across the Board
• Pound: U.K. Pledges to Support Economic Recovery
• Euro: Private Sector Loans Weaken for Third Month
• US Dollar:...

Line Changes:
Extended active green and red lines horizontally.
Extended dark red trend line and raised angle

Position Changes:
None. Flat.

Order Changes:
Orders back in to sell short at 10330

Comments:
May rebracket soon. Brackets at 10330 and 10357 may be running their course now. They have served their purpose but reality may dictate that they never 'fulfill' their purpose ... and they have served very well in...

Line Changes:
None of significance. Active green and red lines still horizontal at same levels. Extending tentatives with time. Moved dark red trendline down and lowered its angle.

Position Changes: Flat. Stopped out again.

Order changes: Sell short on stop at 10330 net 20% allocated. Will pull these orders Wed afternoon over holidays. Will post when they are re – entered.

Comments: will only post tomorrow if there are position changes....

US Dollar: Will Thin Liquidity Leverage or Thwart the Dollar’s Rally?
Euro Forecast Bearish on Sharp Shift in Forex Sentiment
Japanese Yen to Fall Against US Dollar on Bond Yields Outlook
British Pound Breaks Out Ahead of BoE Minutes, Final 3Q GDP Report
Swiss Franc Vulnerable To SNB Intervention With Euro Weakness
Canadian Dollar Risks to Downside Ahead of Retail Sales Data
Australian Dollar to Decline as Rate Hike Outlook Fades
New Zealand Dollar...