Lawrence's Comment
Recap
As stated last week that government intervention is likely and during the week in real-time chat mentioned that 1.30 is the likely spot. We witnessed a classic ...
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
Pullback from Y+1 to Y-0 as expected. A sudden turn from above Y-1 breaking Y+1 points to Y+3 in play. Once Y+3 was tagged, the rest of the ...
Lawrence's Comment
Recap
As expected, the FBO mentioned last week gave us a drop back down to Y-0 and then Y-1. That turned Y-0 into strong resistance. Retest of Y-0 failed. ES ...
Lawrence's Comment
Recap
A pullback was expected and ninja dropped to Y-0 and below support area. Then its inability to clear Y-0 triggered a go for Y-1. Y-1 tagged and failed to ...
Lawrence's Comment
Recap
See comments on Dow on how a tricky bottom was formed. That produced a short term 3 pushes low pointing to gap fill above that is mostly completed ...
AUDUSD Dec 19 to Dec 23 Outlook
Lawrence’s Comment
Y-1 failed to support the pair so it slided to Y-2. Bounced back to Y-1 and stalled from there since. Closed the week below Y-1.
Outlook
B-1 retest is in play. If B-0 is taken out quickly will look for a retest of Y-0 to B+1 area.
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