Lawrence's Comment
Recap
Gold held up fine and moved higher, that gave Aussie strong support to consolidate around Y+1. Closed the week above Y+1 and midpoint.
Outlook
As long as gold can continue to ...
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Lawrence's Comment
Recap
Gap above Y+1 at the start of the week forced another systematic squeeze on shorts. Tight range all week. At the final hours on Friday, rallied to ...
USDJPY Jul 30 to Aug 03 Outlook
Lawrence’s Comment
78 tested and held very well the whole week. Closed the week bouncing off 78 and near week high.
Outlook
As long as B-0 acts as support, B+2 should be tested quickly.
Critical time window for a long term low to be formed.
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