Recap FBO against Y+1 in beginning of the week gave us the downside target of Y-1. Took out Y-1 and tagged Y-2 in 1 go. Bounced back above Y-1 and closed the week near week mid and above Y-1.
Outlook Struggling to break out of the down trend still. Until B-0 turning into support and sending this higher, this pair will have limited upside.
Lawrence's Comment
Recap
As expected Y-1 failed to hold as support and another new low was made last week. Closed the week below Y-1 and midpoint.
Outlook
Weaknesses persisted but range has ...
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
ContentReviewEuro Is StuckS&P Weekly Pullback Time Window Is OverGold Is Still In ConsolidationBig Picture SummaryReviewEuro holding up at the down channel boundary as expected.Weekly level rally resumed 2 days before ...
Lawrence's Comment
Recap
As expected, not much movement for this pair due the rally made the week before this past week takes some time for the players to digest. The ...
AUDUSD Mar 26 to Mar 30 Outlook
Lawrence’s Comment
FBO against Y+1 in beginning of the week gave us the downside target of Y-1. Took out Y-1 and tagged Y-2 in 1 go. Bounced back above Y-1 and closed the week near week mid and above Y-1.
Outlook
Struggling to break out of the down trend still. Until B-0 turning into support and sending this higher, this pair will have limited upside.
Share