Lawrence's Comment
Recap
Double top setup in place right from the start of the week. Test of Y-0 rejected giving us retest of Y-1 and gapped down to Y-2 and below. The ...
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Lawrence's Comment
Recap
A weak version of what happened to Dow. 50% previous week range. Closed the week at Y+1 / previous week close and below midpoint.
Outlook
If we are getting a spike ...
Lawrence's Comment
Recap
Drifted higher early in the week. Pullback to B-0 and as expected the pair bounced off B-0 as support.
Outlook
B+1 and B+2 are the targets for the coming week. ...
EURUSD Apr 28 to May 02 Outlook
Lawrence’s Comment
Euro held its support and drifted higher since. Another tight range week. Closed the week above Y-0 and midpoint.
Outlook
2nd tight range week in a row gives us breakout mode. There is no direction until euro clears Y+1 or B-1 decisively. Wait and see.
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