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Lawrence's Comment Recap Pulled back to Y-1 as expected and rallied off there back to Y+1. Still the most predictable pair among the majors. Closed the week near week high. Outlook Summer ...READ MOREFor 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 scheduleREAD MOREDow 30 Feb 19 to Feb 23 OutlookAUDUSD Nov 21 to Nov 25 OutlookIntraday Cycle Projection (EURUSD) 2012-02-02Intraday Cycle Projection (EURUSD) 2018-04-26GBPUSD Jul 30 to Aug 03 OutlookHot n Cold (EURUSD) 2022-9-30USDJPY Oct 25 to Oct 29 Outlook3DP Odds Table (EURUSD) 2022-12-13Weekly Cycle Projection (EURUSD) 2018-10-15Precog Vision – Forex 2021-7-26
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EURUSD Aug 31 to Sep 04 Outlook
Lawrence’s Comment
Euro blasted through 1.14 level and triggered a squeeze. 1.17 monthly resistance was tagged and rejected. Euro then fall straight back down to Y+1. Y+2 resistance gave us a clean drop to Y-0. Closed the week near Y-0 and week low.
Outlook
FBO against both monthly and weekly resistance above is bearish. Y+1 / B-0 now very strong resistance until proven otherwise. Likely continuation of long term decline.
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