Recap Quiet week for Euro. Previous week close support created an hourly channelup drift. Stalled at previous week resistance zone. Closed the week below Y-0 and near week low.
Outlook Inside week points to breakout mode. So far weekly ledge in place so continuation down is the more likely outcome with target below 1.08
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
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
2nd inside week in a row. Magic buying above Y-1 sent ninja back up to Y-0. Stalled from there since. Closed the week below Y-0 and above midpoint.
Outlook
2nd inside ...
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
A forced rally early in the week due to the bull trap from gold tagged Y+2 but it did not last. The dirty bottom at Y-1 was retested as ...
EURUSD Jul 18 to Jul 22 Outlook
Lawrence’s Comment
Quiet week for Euro. Previous week close support created an hourly channelup drift. Stalled at previous week resistance zone. Closed the week below Y-0 and near week low.
Outlook
Inside week points to breakout mode. So far weekly ledge in place so continuation down is the more likely outcome with target below 1.08
Share