Recap Consolidation at 50% week range. Initial FBO against Y+1 led to a pullback to Y-0. Y-0 held and gave us a retest of Y+1. Closed the week above Y-0 and below midpoint.
Outlook Consolidation after strong move often favour the continuation of the original trend. As long as Y-0 / B-1 holds, Aussie has a good chance to retest Y+1 and breakout above B+1.
Lawrence's Comment
Recap
Everything said last week happened. Downside bias used up by Monday. Higher than usual volatility sending ES all the way back to all time high. Closed the week near ...
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
More upside as projected. Sideway actions around Y+1 is normal after wide range reversal week. Closed the week above Y+1 and midpoint.
Outlook
As long as Y+1 / B-0 ...
Lawrence's Comment
Recap
Out of a rare event, we get rare price actions. Out of last week's rare price actions and price patterns, however, the behaviour matches the small number of ...
AUDUSD Oct 19 to Oct 23 Outlook
Lawrence’s Comment
Consolidation at 50% week range. Initial FBO against Y+1 led to a pullback to Y-0. Y-0 held and gave us a retest of Y+1. Closed the week above Y-0 and below midpoint.
Outlook
Consolidation after strong move often favour the continuation of the original trend. As long as Y-0 / B-1 holds, Aussie has a good chance to retest Y+1 and breakout above B+1.
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