Recap 2nd tight range week in a row waiting for the Greece / EU decision on Friday and over the weekend. Closed the week above Y-0 and near midpoint.
Outlook The drama is not over and the so called “agreement” is as fake as before. Until we have clarity with the situation, the swings can be wild once Euro break out of the 2 weeks tight range.
There are better opportunities than waiting for Euro.
Lawrence's Comment
Recap
Failed to hold Y-1, got the flush to Y-3 as expected. Closed the week below midpoint and near Y-2.
Outlook
Daily uptrend is now broken. As long as B-0 ...
Lawrence's Comment
Recap
NQ opened higher and went above Y+1 immediately. Sitting above Y+1 opened the door to Y+2. NQ then took off and tagged Y+2. Reaction to Y+2 was a shallow ...
EURUSD Feb 23 to Feb 27 Outlook
Lawrence’s Comment
2nd tight range week in a row waiting for the Greece / EU decision on Friday and over the weekend. Closed the week above Y-0 and near midpoint.
Outlook
The drama is not over and the so called “agreement” is as fake as before. Until we have clarity with the situation, the swings can be wild once Euro break out of the 2 weeks tight range.
There are better opportunities than waiting for Euro.
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