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
As expected more weaknesses this week and the spike low almost tagged Y-3. Closed the week at exactly the midpoint.
Outlook
Being able to bounce before Y-3 was tagged means ...
Lawrence's Comment
Recap
No time wasted on further compression. The pair simply break the lower boundary in 1 go. Not quite make it to Y-3. First bounce failed to push back up ...
EURUSD May 16 to May 20 Outlook
Lawrence’s Comment
Sold off from resistance mentioned last week down to Y-2 target. Closed the week below Y-1 and near week low.
Outlook
Breaking below B-1 without testing B-0 first points to waterfall effect in play with target at B-3 and below.
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