Recap Quiet week for Euro. Previous week close support created an hourly channelup drift. Stalled at previous week resistance zone. Closed the week below Y-0 and near week low.
Outlook Inside week points to breakout mode. So far weekly ledge in place so continuation down is the more likely outcome with target below 1.08
Lawrence's Comment
Recap
I was expecting something like what happened to Dow and instead got a run like NQ. ES started out the week defending Y+1 and then pushed higher to tag ...
Lawrence's Comment
Recap
As expected ES dropped down to the Y-2 and Y-3 area and fighted hard to hold up. Y-0 acting as resistance forced a retest of week low made on ...
Simplex was created along with several other models long time ago to provide daily guidelines to a group of forex traders who worked with me long time ago. These models ...
EURUSD Jul 18 to Jul 22 Outlook
Lawrence’s Comment
Quiet week for Euro. Previous week close support created an hourly channelup drift. Stalled at previous week resistance zone. Closed the week below Y-0 and near week low.
Outlook
Inside week points to breakout mode. So far weekly ledge in place so continuation down is the more likely outcome with target below 1.08
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