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
More squeeze on the shorts again as euro zone feeding out more b.s. repeatedly over the week. Yet euro can only tag Y+2 and stalled. Last minute ...
Lawrence's Comment
Recap
Instead of holding above Y-1, it failed to act as support right from the beginning of the week. That set the stage for a test of Y-1 mid-week ...
EURUSD Nov 02 to Nov 06 Outlook
Lawrence’s Comment
More downside as expected. 50% range bounded the price actions. Closed the week near Y-1 and midpoint.
Outlook
Consolidation around Y-1 points to continuation of current trend likely. So a break of B-1 and moving down to B-2 / Y-2 and below is likely.
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