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
Lawrence's Comment
Recap
The week actions from the week prior to last week led to a gap down open for the week. That in turn helped Dow to form a better bottom ...
EURUSD Oct 27 to Oct 31 Outlook
Lawrence’s Comment
As expected euro is too weak to hold onto its gains. Flushed back down to Y-1 and stuck there. Closed the week below Y-0 and midpoint.
Outlook
4 Hour bear flag in place. Y-0 / B-0 strong resistance above. A drop to B-2 is likely if euro breaks B-1 without tagging B-0 first.
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