Recap Gapped higher at the start of the week and consolidated around Y+1 since. Fed meeting sent gold way higher and Aussie jumped higher in sync. Closed the week below midpoint and above Y+1.
Outlook Aussie closed weak but not weak enough to signal a selloff. Aussie has to move out of the zone Y+1 to Y+2 before we can tell which direction is in control. Breakout play.
Lawrence's Comment
Recap
A weak version of what happened to Dow. 50% previous week range. Closed the week at Y+1 / previous week close and below midpoint.
Outlook
If we are getting a spike ...
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Lawrence's Comment
Recap
Market intervention on high gear. Y-0 cleared, immediate upside target Y+1 tagged and then cleared by force. Only until Y+2 was cleared and that 150% absolute range expansion has ...
AUDUSD Sep 23 to Sep 27 Outlook
Lawrence’s Comment
Gapped higher at the start of the week and consolidated around Y+1 since. Fed meeting sent gold way higher and Aussie jumped higher in sync. Closed the week below midpoint and above Y+1.
Outlook
Aussie closed weak but not weak enough to signal a selloff. Aussie has to move out of the zone Y+1 to Y+2 before we can tell which direction is in control. Breakout play.
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