Recap As war in Libya and natural disaster in Japan continues, the weaknesses in Aussie is completely reversed. Not even once on 4 hour chart that any kind of topping formation was seen at every resistance level and rallied to close at high of week.
Outlook B-0 is now strong support on pullback. Early next week it should be range bounded due to the V-shape reversal.
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
4500 support mentioned last week gave us a run back up all the way to Y-0 and FOMC decision helped to push NQ towards the former parking zone at ...
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
Tricky week indeed. Dow opened above Y+1 invalidated the normal pullback scenario. Y+1 acting as support since and eventually led to end of week rally to close at month ...
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
AUDUSD Mar 28 to Apr 01 Outlook
Lawrence’s Comment
As war in Libya and natural disaster in Japan continues, the weaknesses in Aussie is completely reversed. Not even once on 4 hour chart that any kind of topping formation was seen at every resistance level and rallied to close at high of week.
Outlook
B-0 is now strong support on pullback. Early next week it should be range bounded due to the V-shape reversal.
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