Recap First half of the week formed a perfect head and shoulder that has a target breaking the Y-0 support area. That resulted in a drop running towards the Y-1 target. Ended the week with 100% range of previous week.
Outlook If Y-1 to B-1 forms a bottom, B+1 will be retested.
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
Lawrence's Comment
Recap
Early part of the week rallied to Y-0 as expected. But then news shock sent Dow straight down to Y-1. W. spring off Y-1 pushed Dow back ...
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
We got our downside move and we got way more than we asked for. Not just y-2 was tagged, Yen slided all the way to below Y-3 and ...
Lawrence's Comment
Recap
Tight range consolidation although it did not feel like it for many. Dow found support early in the week and moved back to previous week close and stuck there ...
EURUSD Jun 13 to Jun 17 Outlook
Lawrence’s Comment
First half of the week formed a perfect head and shoulder that has a target breaking the Y-0 support area. That resulted in a drop running towards the Y-1 target. Ended the week with 100% range of previous week.
Outlook
If Y-1 to B-1 forms a bottom, B+1 will be retested.
If that turns into resistance, B-3 is the target.
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