Recap No resistance at all from Y+1, as Aussie zoomed thru the price in 1 go. That put Y+3 in play. Ended up tagging Y+4 before it can pause. Violent pullback down to Y+1 for a test of support. Closed the week above Y+2 and midpoint.
Outlook Below 1.04 rejected with extreme reaction. As long as Y+1 holds, B+2 in play.
Lawrence's Comment
Recap
ES sold off as expected from slightly higher high above Y+1. What was not expected was that Y-2 was not tagged. Closed the week below midpoint and Y-0
Outlook
Outside down ...
Lawrence's Comment
Recap
Upside breakout right from the start of the week. Y-2 tagged and acted as resistance. NQ pulled back to week mid and consolidate. Closed the week around midpoint and ...
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
Consolidation around Y+1 as expected. No strong reactions after NFP leading to a quiet close. Closed the week near Y+1 and midpoint.
Outlook
Consolidation / ledge actions after significant ...
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
AUDUSD Jan 07 to Jan 11 Outlook
Lawrence’s Comment
No resistance at all from Y+1, as Aussie zoomed thru the price in 1 go. That put Y+3 in play. Ended up tagging Y+4 before it can pause. Violent pullback down to Y+1 for a test of support. Closed the week above Y+2 and midpoint.
Outlook
Below 1.04 rejected with extreme reaction. As long as Y+1 holds, B+2 in play.
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