 Let's jump over to our man, Teddy Kegstad. Folks, you can read Teddy's outstanding newsletter, the Tiger Forex report. Come on over to the front page of TFNN, right under the newsletter tab. Teddy puts out a new issue every Monday. I always read that one on Monday mornings. We'll talk about some of the price levels he's got in there right now. Teddy Kegstad, good morning. Good morning, Tommy. Quite a relentless market to the upside, man. We've had some action in notes and bonds. We've had some action in the dollar index. We're back above 100. Where do you want to kick things off? What are you looking at in this market right now? Well, I'd say the three movers and shakers in the currency market is the pound, the yen, and the Canada, which one would you like to talk about? Let's go to the yen. We've got a lot of people that love the yen, of course. I know that's a big one for gold. We've had some moves in there as well. But yeah, let's talk a little yen. Well, last week we set a nice little swing low and that was kind of at the top end of a correction range that I was looking for. The overall trend is obviously a bull, long-term, short-term would have you. And I think that as long as last week's low holds, I think you have a good chance of seeing the yen probably get back up to that 142, 143 area over the next week or two. Nice. Now is that, and looking for that 142, so I put it up on even a daily, a weekly. I know we have highs recently made above 144. When you're looking at 142, where are you getting that price level from, Teddy? I'm just curious as to how are you looking at that range? Okay, well, let's just say that the trend is still remaining a bull. Well then we should be heading up towards that level anyhow. And even if the market is turning, which I don't see it happening because there's no reason to think that the bank of Japan is gonna do anything suddenly that would be kind of hawkish by any means, if you will. So I think that even if the trend was turning, that would be a great correction level to the upside for a sell. So I think for either way, whether you're a bull or a bear, you have to gravitate towards that 142 area. Only if the low from last week it's taken out when I start to think that maybe this is, I wouldn't say necessarily turning but becoming a digestive phase for the US dollar yen overall. There's no real, any indication that are fundamentally or technically that we're gonna have a major sell-off in that market. Nice. How about let's jump to the pound next, if we can, since you said that. Let's talk a little pound, sure. Okay, well, the British Pound today, the CPI for the UK came out better than forecasted. I think this is kind of a knee-jerk reaction as far as what's going on with the pound. Overall, obviously the trend is a bull right now. There's still a lot of question as to whether the BOE is going to what they're gonna do exactly, whether it's just gonna raise rates or if they're gonna do something else fundamentally that could help support the currency. I mean, their economy is in shambles and now granted that it came out, it beat forecast, but it's not saying very much. It's not saying that inflation disappeared. It's just not going at the rate that it was. It's kind of like how our CPI came out two weeks ago where it came out, everyone's saying, oh, it's so positive, it's going in the right direction. Well, it's still rising. It's just, it's not rising at a rapid rate like it had been. So I wouldn't read too much into it. I think that today's trading is probably due to overall dollar strength, but that's the big mover today is the big sell-off. So I'd be careful if you were short selling to that move this morning, you might see a little bit of a head fake rally yet with that one still. Yeah, quite a move for sure, man. You put that short-term basis down to almost just below 129. We're pushing well above 130 on that move. And how about you mentioned the Canadian dollar? You wanna talk about that? Sure, sure. So the Canadian dollar, let's see, where is it trading at right now? I think it's at, it's trading at 130, 161, 63-ish. Yeah, I would watch to see how today happens. If we settle kind of like where we're at or even a little bit lower, I'd be very careful selling it in the hole with the US dollar Canada. Now, overall, that market is an embarrassed trend, at least short-term and intermediate. However, the low that was set, it was a goodbye signal set last week. So I would key off of that low. If we take that out, obviously the trend, it's a bearish signal without a doubt. However, I think right now that it's stabilizing and this is kind of gonna catch a lot of weak shorts, I think, with their pants down tomorrow. Like if we see a reversal tomorrow in the US dollar Canada trade, where we end up having a nice positive update, I would really think that over the next few sessions, afterwards, you'll still see another rally follow-through, excuse me, a follow-through leg higher with the US dollar Canada before it starts to turn back on support. Nice. And can we talk a little bit of Swiss franc, man? Because I was reading, I know you got a chart of this in your newsletter, of course, as you always do, but boy, my best friend, Teddy, lives in Switzerland and I'm going over to Spain, but boy, it's quite a pullback, man, to 86. I remember when we were first talking, it was parody, and you're talking about at 86 now. It doesn't seem like it's gonna be slowing down anytime soon. What is going on with the Swiss franc? Well, the Swiss franc is making me look really good from when we had that end of the year forecast predictions for the overall currency markets. You know, I've been saying for a long time that the trend overall with the US dollar Swiss is now a bear, you know, long-term. No matter what the dollar strength comes in on any other technical or fundamental manner versus the other currencies, that's just a trade that's there. There's no reason to think that the dollar is gonna really turn against the Swiss. I mean, there are obviously things that can happen, you know, anything is possible, especially if there's some kind of big economic panic going on in Europe, but unless there's any major changes fundamentally, I think that you have to be a sell rally trader for the US dollar Swiss. Now, granted, it's grinding these lows, you know, and I liked when it kind of like bottomed out last week. I mean, if you look at the trend, it was a pretty severe drop off and now it looks like more of a consolidation grind lower. And that's what worries me that no matter what the dollar strength may come in versus other pairs, that this one is probably gonna continue lower. Like I think right now you're trading at 85.79. It wouldn't be out of the realm of possibility that before we get into or too far into August, that we see the 82 handled in the US dollar Swiss. So. Yeah, I appreciate it, man. It's pretty, that's, you know, just even taking a look at the chart, you go back. I mean, lower lows, lower highs, right? For the better part of, man, 10 months, even, even, yeah, pretty, pretty stark. We got to talk a little bit of crude. What do you think of the action in crude right now? It's at almost $77. You know what, I think it's in a choppy range trade. We're kind of at the upper end of the range right now. I don't see it really breaking out to the upside or downside in any big way right now. There's no fundamental or technical reason. It's just, it's a drift is what it is. You know, I mean, I'm happy that it's not rallying. But I mean, I think that there's more of a buy break forecast for it. I'd be looking to buy into weakness more than selling into strength right now. It is pretty remarkable, man. Again, I pull it up just going back. I mean, this thing's basically been between 70 bucks and 80 bucks and we've had a couple outliers over the course, but since November. So you're talking about again, nine months almost where this thing's been chopping around. And you've been talking about that. I know if we have higher rates, if the Fed starts to jump on a hawkish thing again, then we might see an uptick in oil just because of the cost of carryover effect that may happen. That's a possibility fundamentally. Okay. Well, Teddy, I appreciate it as always, man. We look forward to talking to you next week and we'll talk to you on Wednesday, man. Sounds good, Tommy. Take care. Thanks so much.