Recap Cannot even get pass 1.28 and then euro zone sending out more bad news. Y-1 failed to act as support and euro ended up flushing down to Y-2. Closed the week near the low.
Outlook Any w. spring from here points to a bounce to around Y+1.
Continuation sell target is Y-3 / B-2. Bounce from there gives us B-0.
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
Trend line break play worked out with ninja dropped to almost Y-3. Strong reaction right after taking ninja back up to exactly where the breakdown started. Closed the week ...
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
Same as Dow, NQ held Y-0 giving us the Y+2 target. Y+2 was blown through later the week with Y+3 tagged. Closed the week at Y+3 and week high.
Outlook
As ...
Lawrence's Comment
Recap
NQ chose to breakout above 4300 in 1 go. That's a low probability move hence giving us the 100% range expansion. Closed the week above Y+2 and at week ...
EURUSD May 28 to Jun 01 Outlook
Lawrence’s Comment
Cannot even get pass 1.28 and then euro zone sending out more bad news. Y-1 failed to act as support and euro ended up flushing down to Y-2. Closed the week near the low.
Outlook
Any w. spring from here points to a bounce to around Y+1.
Continuation sell target is Y-3 / B-2. Bounce from there gives us B-0.
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