Recap Pullback to Y-0 as expected. Could to go any higher even though euro zone had been trying hard to paint a rosy picture going forward. Closed the week at midpoint.
Outlook Tight range week points to breakout mode in play.
Lawrence's Comment
Recap
Travelled higher to Y+2. Found resistance and moved back down to Y+1. Closed the week above Y+1 and below midpoint.
Outlook
As mentioned last week, Euro somehow loves to rally into ...
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 higher high and higher low on weekly finally formed.
Outlook
As long as Y-1 acts as support, we have a confirmed long term bottom for the pair in ...
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
The expected retest of Y-0 gave us a zoom up to above Y+1. But the new high was rejected at once. Another move towards Y-0 was resulted. Closed the ...
EURUSD Feb 06 to Feb 10 Outlook
Lawrence’s Comment
Pullback to Y-0 as expected. Could to go any higher even though euro zone had been trying hard to paint a rosy picture going forward. Closed the week at midpoint.
Outlook
Tight range week points to breakout mode in play.
Breaking above Y+1 will give us B+3 quickly.
Breaking below B-1 will give us B-3.
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