Recap News shock sent the pair down to Y-3. W. spring against Y-3 and snap back up to B+1. Original upside target Y+2 tagged then went sideway for the rest of the week.
Outlook Clear demonstration of the strength of this pair last week points to more upside is in store. Y-0 to Y+1 should act as support and retest of B+1 is likely.
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
Bounced off 1.00 par level on first test as expected. Yet, once the precious metals started to rally, US dollar is crushed. Closed the week below 1.00 and ...
Lawrence's Comment
Recap
Dow updrift / seasonal took it to upside target of Y+2. Stalled since. Closed the week above Y+1 and midpoint.
Outlook
Seasonal strength ended last week. Low volume environment can work ...
Lawrence's Comment
Recap
NQ Y+1 did not act as resistance, and rallied 50% of previous week range and paused. After the Fed + JPM shock, NQ is propelled to Y+3 ...
Lawrence's Comment
Recap
1-2-3 sell off Y+1 on 4 hour points to Y-0 in play. Y-0 failed to act as support, giving us Y-1 target below. Flush later in the week tagged ...
EURUSD Apr 25 to Apr 29 Outlook
Lawrence’s Comment
News shock sent the pair down to Y-3. W. spring against Y-3 and snap back up to B+1. Original upside target Y+2 tagged then went sideway for the rest of the week.
Outlook
Clear demonstration of the strength of this pair last week points to more upside is in store. Y-0 to Y+1 should act as support and retest of B+1 is likely.
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