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
Got Y+1 early in the week. But not holding Y-0 at all as cable collapsed back down to below Y-1. Yet it did not stay below Y-1. Another push ...
Bearish Discharge is a day trading system designed to work with Euro and British Pound. It is a very consistent trading model for many years. The trading setup does not ...
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
EURUSD Aug 10 to Aug 14 Outlook
Lawrence’s Comment
Avoided Euro last week and the sudden wild intraday swings last week prove the point. Closed the week below Y-0 and above midpoint.
Outlook
Y-0 / B+1 strong resistance until proven otherwise. Failing to clear the resistance points to a drop back down to B-1 and below.
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