Recap Pullback to Y-0 as expected. Could to go any higher even though euro zone had been trying hard to paint a rosy picture going forward. Closed the week at midpoint.
Outlook Tight range week points to breakout mode in play.
Lawrence's Comment
Recap
First move to test Y+1 found resistance. Gave us Y-1 target. Dropped to Y-1 and breached the support as if it is not there. Closed the week below Y-1 ...
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
Lawrence's Comment
Recap
Insanity continues as ES opened the week with a significant upside gap and then sold off straight down for 1 and 1/2 days with over 40 points range. Then ...
Lawrence's Comment
Recap
Previous week close rejected and acted as resistance since. We know that bulls and bears have a wide middle ground between 1.35 to 1.37. Since 1.37 was rejected, back ...
Lawrence's Comment
Recap
News shock from the start of the week failed to damage the bullish technical pattern I mentioned last time. Somehow Y-2 was never tagged in that flush ...
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
EURUSD Feb 06 to Feb 10 Outlook
Lawrence’s Comment
Pullback to Y-0 as expected. Could to go any higher even though euro zone had been trying hard to paint a rosy picture going forward. Closed the week at midpoint.
Outlook
Tight range week points to breakout mode in play.
Breaking above Y+1 will give us B+3 quickly.
Breaking below B-1 will give us B-3.
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