Recap No test of Y-0 with straight up breakout. That gave us Y+2 target. Y+2 tagged easily with 100% absolute range expansion stopped the run. Closed the week above Y+2 and near week high.
Outlook Stop run move points to consolidation and a test of B-0 is in order. Resistance at B+1 / Y+3.
Lawrence's Comment
Recap
NQ was the strongest going into the week and its strength helped staging a double bottom right from the beginning of the week to break above 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
Did not expect BOJ's sudden announcement but the chart told us that it did not want to drop. The footprint of those who knows staring at us with not ...
GBPUSD Jun 22 to Jun 26 Outlook
Lawrence’s Comment
No test of Y-0 with straight up breakout. That gave us Y+2 target. Y+2 tagged easily with 100% absolute range expansion stopped the run. Closed the week above Y+2 and near week high.
Outlook
Stop run move points to consolidation and a test of B-0 is in order. Resistance at B+1 / Y+3.
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