Lawrence's Comment
Recap
Consolidation around previous week close. Pretty standard reaction to a huge run. Closed the week below Y+1 and midpoint.
Outlook
A huge void zone was created below where there was not ...
Lawrence's Comment
Recap
Early part of the week rallied to Y-0 as expected. But then news shock sent Dow straight down to Y-1. W. spring off Y-1 pushed Dow back ...
Lawrence's Comment
Recap
NQ gapped above Y+1 and filled the open gap above early in the week. Since then NQ struggled to go higher but holding onto its support at Y+1. End ...
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
AUDUSD Apr 18 to Apr 22 Outlook
Lawrence’s Comment
Congestion between Y-0 and Y+1 as expected.
Outlook
It is obvious that aussie is having difficulty in getting to Y+1. A turn down from B+1 implies a quick test of B-1 in play.
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