Recap Y-1 support forced a retest of Y-0. Y-0 failed to hold Aussie down and a jump to near Y+1 happened. Not enough fuel to get a test though. Closed the week above Y-0 and midpoint.
Outlook Inside week with midpoints close to each other is giving us a strong weekly breakout play. Breakout targets B+3 / B-3.
Lawrence's Comment
Recap
Tagged resistance zone as expected, but no breakout above that. Instead, ninja fell back down to Y-0 eventually. Most part of the week was spend holding right below Y+1 ...
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
Similar to Dow, ES was having its consolidation week. Traded equal distance from its open. Closed the week above Y+1 and near week high.
Outlook
B+1 resistance points to ...
Lawrence's Comment
Recap
Bearish scenario unfolded and almost tagged our B-2 target. The end of week news shock from euro zone forced a reversal on Friday. Closed the week at ...
AUDUSD Jun 15 to Jun 19 Outlook
Lawrence’s Comment
Y-1 support forced a retest of Y-0. Y-0 failed to hold Aussie down and a jump to near Y+1 happened. Not enough fuel to get a test though. Closed the week above Y-0 and midpoint.
Outlook
Inside week with midpoints close to each other is giving us a strong weekly breakout play. Breakout targets B+3 / B-3.
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