Lawrence's Comment
Recap
The rising wedge broke out to the upside and turned into an up channel. The upside breakout gave us Y+2 quickly. After fed announcement, Dow made a ...
Lawrence's Comment
Recap
Y-0 support gave us the run to Y+2 as expected. 3 pushes up against Y+2 produced the drop back down to Y+1. Closed the week above Y-0 and below ...
Lawrence's Comment
Recap
The biggest drop in Dow during first 3 days of a year ever happened. Then a equally impressive recovery back to above previous year close was made in just ...
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
Consolidated around Y+1. Mildly bullish as expected. Closed the week above Y+1 and midpoint.
Outlook
Need the pair to tag B+2 soon and holding above 0.98 to stay bullish.
On ...
AUDUSD Jan 23 to Jan 27 Outlook
Lawrence’s Comment
Bullish scenario unfolded and tagged Y+2 target. STOPD swing in its simplest form. Closed the week at its high.
Outlook
Should move higher above B+1 early in the week. Many Asian markets are close on Monday thus gold and forex may suffer liquidity issues.
If B+1 failed to act as support after moving above it on 4 hour, a retest of B-0 will happen quickly.
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