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Lawrence's Comment Recap Y-0 resistance gave us test of Y-1 and it was cleared with the added bonus of clearing the support trend line formed over the past 2 weeks. Normal target ...READ MORELawrence's Comment Recap What a week with euro. Upside breakout first only to close the open gap above and collapsed right back below Y+1 and going all the way back down to ...READ MORELawrence's Comment Recap Ninja held support, no follow-thru to the downside as expected. A spike back up to Y+1 failed to hold, gave us a drop to Y-0 and eventually Y-1. Closed ...READ MOREFor 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 scheduleREAD MOREIntraday Cycle Projection (EURUSD) 2019-09-18USDJPY Jun 30 to Jul 04 OutlookIntraday Cycle Projection (EURUSD) 2022-12-08EURUSD May 05 to May 09 OutlookHot n Cold (EURUSD) 2012-3-14S&P 500 Apr 04 to Apr 08 OutlookUSDJPY May 19 to May 23 OutlookUSDCAD Nov 07 to Nov 11 OutlookPrecog Vision – Forex 2017-12-21Intraday Cycle Projection (EURUSD) 2012-03-12
As Featured In
EURUSD Aug 06 to Aug 10 Outlook
Lawrence’s Comment
As mentioned last week, Y-0 would be the important support for euro to go higher. Throughout the week, Y-0 acted as support and euro zoomed higher after the empty promises were made by the officials. Then news shocks that took euro lower and breached Y-0 temporarily failed to keep euro below Y-0. Closed the week near week high and Y+1.
Outlook
Summer Games is not over yet. Light trading in all markets continue. Thus quick swings with no follow-thru is expected.
Euro can go a bit higher in consolidation mode around B+1.
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