Posted: 20 Sep 2010 06:38 AM PDT

Here is the hourly perspective for US session:

http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2010-09-20.v02.html

Majors’ sentiment for today

Posted: 20 Sep 2010 05:03 AM PDT

Here is the majors’ sentiment for today:

Eur/Usd: Slightly Bullish

Gbp/Usd: Slightly Bearish

Usd/Chf: Bearish

Usd/Jpy: Neutral

Eur/Gbp: Bullish

Eur/Jpy: Slightly Bullish

Gbp/Jpy: Slightly Bearish

Starting the day

Posted: 20 Sep 2010 04:41 AM PDT

Hi everyone and welcome back! Week started with a holiday in Japan, yet not enough to interrupt past week trend. Euro and Swissy are back approaching to highs, while AUD and CAD hold also their strength. USD/JPY remains unchanged in its 40 pips range, having tested 85.50 early Europe yet bouncing back up towards 85.70 average zone. We have been sitting there for 3 days now; as longer this range last, more interesting will be the movement, once is finally over. Pound continues being weighted by negative fundamental data: mortgage approvals sent GBP/USD to test 1.5570 static support zone; Pound remains weak, despite dollar bearishness, so beware there.

Still Monday seems pretty quiet and choppy as usual, more due to FOMC meeting tomorrow: markets had been speculating on further QE to be announced tomorrow, something quite unlikely for me, at least for this month. Despite growth has not pick up, neither employment conditions, is too early to inject more in the US.

Anyway, we have some minor data today in Canada, so here is the link for today’s calendar:

http://www.fxstreet.com/fundamental/economic-calendar/

Have a great day!