Recap Formed a bottom early in the week and rallied above Y+1 as expected. Did not quite reach the upside target. Closed the week above Y+1 and at the top of the range.
Outlook As long as Y+1 downto B-0 is acting as support, Y+2 and B+2 in play.
Lawrence's Comment
Recap
Similar to Dow, ES moving lower as expected. Tagging both 1st target of Y-2 and 2nd target of Y-3 in one go was a present surprise. The bounce ...
Lawrence's Comment
Recap
Aussie held Y-1 and took out Y+1 quickly. This opened the door to Y+2. Y+1 acted as support. Closed the week above Y+1 and midpoint.
Outlook
As I pointed ...
GBPUSD Jul 25 to Jul 29 Outlook
Lawrence’s Comment
Formed a bottom early in the week and rallied above Y+1 as expected. Did not quite reach the upside target. Closed the week above Y+1 and at the top of the range.
Outlook
As long as Y+1 downto B-0 is acting as support, Y+2 and B+2 in play.
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