Lawrence's Comment
Recap
Euro traded above Y-0, yet failed to hold above it leading to a flush straight down to Y-2 target. Closed the week below Y-1 and midpoint.
Outlook
The drop ...
Lawrence's Comment
Recap
Mon/Tue produced a swing high allowing us to join the continuation sell later in the week. Closed the week below Y-0 and near week low.
Outlook
The selling is not completed. ...
Lawrence's Comment
Recap
As expected, once 0.98 was breached, there is no real support until we see 0.96 handle. After 100% absolute range expansion, the pair bounced off near Y-3. ...
Lawrence's Comment
Recap
Consolidated around Y-0 and Y-1. Closed the week above Y-1.
Outlook
If Y-1 acts as support and send the pair above 1.06 area, the 4 hour level down trend ...
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
Once Y-1 was breached, down side range expansion started. Yet the selloff was not able to land at Y-2 target. Closed the week below Y-1.
Outlook
News shock after news ...
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
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
Euro At 2012 Year High Zone
Chart with key levels.
Purple horizontal lines mark the 2012 range.
Light purple horizontal line marks the 50% expansion.
Blue lines down channel. Red lines 50% expansion of channel.
Green lines measured move projection.
Orange lines the original swing breakdown level.
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