Recap Compression as expected. FBO against Y+1 later in the week did not lead to a breakdown as situation with Greece has no decision yet. Closed the week above Y-0 and midpoint.
Outlook Don’t read too much into the price actions. Evertyhing depends on the outcome with Greece and the breakout move will tell us what to do. Be patient and wait for it.
Lawrence's Comment
Recap
As expected, 2-way big swings ended up going nowhere. Started the week pushing against Y-0 and failed. cable dropped until 100% absolute range expansion was reached. Bounced back to ...
Lawrence's Comment
Recap
No further selloff. Rallied straight up from the bottom of the established range to the top of the range in a week. Closed the week above Y+1.
Outlook
Outside ...
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
Y-0 acted as resistance, down trend continued. Sold off to my downside target by the end of the week. Closed the week near week low and below Y-2.
Outlook
Not time ...
Lawrence's Comment
Recap
Failed to go higher as expected, broken below Y-0. Target of Y-1 reached by end of the week. Closed the week near Y-1.
Outlook
As long as B-0 acting as ...
EURUSD Jun 22 to Jun 26 Outlook
Lawrence’s Comment
Compression as expected. FBO against Y+1 later in the week did not lead to a breakdown as situation with Greece has no decision yet. Closed the week above Y-0 and midpoint.
Outlook
Don’t read too much into the price actions. Evertyhing depends on the outcome with Greece and the breakout move will tell us what to do. Be patient and wait for it.
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