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
Similar to Dow but weaker. S&P can only muster up 100& absolute range expansion. Closed the week above Y+2 and near week high.
Outlook
Unusual circumstances implies uncertainty ahead. ...
Lawrence's Comment
Recap
Lower open did not breach the breakout boundary. Yet first try to go higher stalled below Y+1. Successfully defended defended week low leading to upside breakout to Y+2. Closed ...
AUDUSD Oct 24 to Oct 28 Outlook
Lawrence’s Comment
Y-0 acted as support and closed the week above Y+1.
Outlook
Consolidation after a strong rally is normal. breakout above Y+1 to B+1 will give us B+3 target.
Failure to go higher from B+2 next week will lead to a selloff back down to B-2.
Share