Lawrence's Comment
Recap
Consolidation around week open below Y-1. Jumpy was probably the best word for what happened last week. Closed the week below Y-1 and near week low.
Outlook
Consolidation with ...
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
I have introduced the concept of Point of No Return some time ago here. It is not a complex concept but many traders find it difficult to apply the concept ...
Lawrence's Comment
Recap
Weakest of the big 3 indices, Dow consolidated around Y-1 without giving us any directional move. Closed the week below Y-1 and near midpoint.
Outlook
Bull flag on daily ...
Lawrence's Comment
Recap
As expected, ninja retested Y-1. Yet, it failed to hold above Y+1 as support, leading to retest of Y-0 / previous week close. Consolidated since. Closed the week below ...
Lawrence's Comment
Recap
Swing top formed with FBO against Y+1. Collapsed back down to Y-0. Closed the week near Y-0 and below midpoint.
Outlook
Y+1 / B-0 now resistance until proven otherwise. ...
Lawrence's Comment
Recap
The other easy play for the week. Failed to push above Y-0 and dropped straight down to Y-2 target mentioned last week. Consolidated around Y-2 and gave us a ...
EURUSD Jun 25 to Jun 29 Outlook
Lawrence’s Comment
Completely news driven. Euro simply zoom to the nearest target and then wait for the next news shock. Closed the week at Y-0 below midpoint.
Outlook
As long as B-0 stays as resistance, B-2 is in play.
Still a news driven market. Not much expectation from the pair for swing trade.
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