Recap Steady decline from below Y-0 resistance. Testing long term support 1.12 from below and failed to clear it. Closed the week below Y-1 and near week low.
Outlook Down trend intact. Brexit focus means potential test of monthly support near 1.00.
Lawrence's Comment
Recap
Pullback to support as expected but failed to clear 50% range once ninja tagged the price where the breakdown started the week before. Closed the week below Y-0 and ...
Lawrence's Comment
Recap
Consolidation above Y-0 not only gave us a rally to retest Y+1, it also gave us a clean breakout leading to a squeeze to Y+3. 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
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
Consolidation around Y+1 with 50% previous week range. Closed the week at Y+1.
Outlook
Breaking about B+1 should give us B+2 quickly.
The unlikely scenario is that B-1 is breached ...
EURUSD May 30 to Jun 03 Outlook
Lawrence’s Comment
Steady decline from below Y-0 resistance. Testing long term support 1.12 from below and failed to clear it. Closed the week below Y-1 and near week low.
Outlook
Down trend intact. Brexit focus means potential test of monthly support near 1.00.
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