Recap Capped by previous week close and moved lower as expected. Tagged my downside target and bounced back up since. Closed the week near Y-1 and above midpoint.
Outlook B-1 is a dirty bottom, it will be retested after the late shorts are punished. B+1 to B+2 in play as long as B-0 acting as support.
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
As expected, Aussie stalled at the resistance mentioned last week and flushed back down to below Y-1. Closed the week near week low and below Y-1.
Outlook
Aussie has dropped relatively ...
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
Got Y-2 as expected. Intervention type news shock from there is also expected. Closed near the high of the week and above Y-0.
Outlook
euro has not snapped out of ...
Lawrence's Comment
Recap
Congestion. Stuck at 50% week range around Y+1. Closed the week above Y+1.
Outlook
Way stronger comparing to Dow or S&P. Definitely bullish as Y+1 was defended.
Only way to send ...
AUDUSD Dec 23 to Dec 27 Outlook
Lawrence’s Comment
Capped by previous week close and moved lower as expected. Tagged my downside target and bounced back up since. Closed the week near Y-1 and above midpoint.
Outlook
B-1 is a dirty bottom, it will be retested after the late shorts are punished. B+1 to B+2 in play as long as B-0 acting as support.
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