Lawrence's Comment
Recap
Y+1 rejected which gave us Y-0 and below. Gold not going up quickly contributed to the move. Closed the week below Y-0 and midpoint.
Outlook
A pullback from multiple weeks up ...
Lawrence's Comment
Recap
As mentioned last week, cable has little room for pullback if it is really going higher. Well, the bullish pattern gave cable enough strength to consolidate around Y-0. Closed ...
Lawrence's Comment
Recap
Euro drifted higher around Y+1. Closed the week above Y+1 and midpoint.
Outlook
Completely artificial rally since 3 weeks ago by empty promises from ECB. A tight up channel is visible ...
Lawrence's Comment
Recap
The no bias setup became a breakout play this past week. Cable was trapped at the upper zone mentioned last week. Then the announcement came, cable flushed down to ...
Recap of Last Week Rally to prior week high, trapped in between yellow zone and green zone as mentioned last week, and then selloff to target red zone. A ...
Lawrence's Comment
Recap
Did not even test Y+1 and dropped back down to Y-1 as expected. Wild 2-way swings as mentioned last week. ES could not find support since Y-1 was broken. ...
ContentReviewEuro Breakdown Mode BeginsS&P Done with the UpsideGold Consolidation ContinuesBig Picture SummaryReviewEuro pullback to retest the breakout down channel top turned into all out selloff for a new low, filling ...
Lawrence's Comment
Recap
Not only did Nasdaq rally backup, it gapped thru the open gap established the week before and then sold off to fill that from above. Later in the ...
AUDUSD Jan 14 to Jan 18 Outlook
Lawrence’s Comment
Stayed strong since beginning of the week and zoomed to almost tagging my target of Y+2. Closed the week near Y+1 and midpoint.
Outlook
Last week was a variation of consolidation as it eventually moved back to Y+1.
As long as B-1 to B-0 acts as support, no good reason to go short, yet.
Notice a potential up channel in the making on 4 hours and up.
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