Lawrence's Comment
Recap
Ninja breakout to the upside right from the beginning of the week. It then drifted higher to above 100 before sold off violently. Closed the week below midpoint and ...
Lawrence's Comment
Recap
Y-0 support as expected and sent NQ up to near Y+1. NQ failed to clear the former support zone, forced it back down to test Y-0. Fed minutes released ...
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 Nov 04 to Nov 08 Outlook
Lawrence’s Comment
As expected, Aussie moved lower to Y-2 and stopped when 100% absolute range expansion was reached. Closed the week near week low and below Y-2.
Outlook
Aussie followed the path of gold last week trying to discover a support. Aussie sort of found one but slipped thru at the end.
If Aussie / Gold can bounce of their respective B-1 with a buy setup, we are looking for a complete reversal back up to B+1.
Normal discourse will be continuation drop down to below Y-3 with B-2 target.
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