View in the eur/$ remains unchanged, as the Aug 6th high at 1.3335 high completed the 5 wave rally from the June 7th low at 1.1880 (see numbering on daily chart below). Though this suggests an eventual resumption of the longer term gains, at least another few weeks of ranging/correcting

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Eur/$, Near Term Weakness but Still Longer Term Bull

In $/yen, no change in the longer term view as the slowing downside momentum for over the last 1 1/2yrs, suggests that the market is in the process of forming a major bottom (for at least a few years). Still appear to be forming a large falling wedge over that

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$/Yen, Wedge In A Wedge

In the longer term in the index, been warning over the last few weeks of the increasing big picture negatives, and in turn raising the risk for at least a few months of correcting lower. The market reached a high at Jun 7th at 88.70 (testing the bearish trendline

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$ Index, Looking to Short Higher Levels