Recap Y-1 acted as support. Without news shock euro is now stuck. Closed the week near Y-0.
Outlook Inside week and clear compression across many markets. No point rushing in to bet on a direction. A clear strong move away from this area will give us plenty of time to jump in for a ride.
Lawrence's Comment
Recap
The weakest out of the 3 major indices, still rallied all its way until 200% absolute range expansion was completed. Closed the week at Y+2.
Outlook
The failure to take ...
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
EURUSD Aug 20 to Aug 24 Outlook
Lawrence’s Comment
Y-1 acted as support. Without news shock euro is now stuck. Closed the week near Y-0.
Outlook
Inside week and clear compression across many markets. No point rushing in to bet on a direction. A clear strong move away from this area will give us plenty of time to jump in for a ride.
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