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Lawrence's Comment Recap Drifted lower as expected. Found support at previous spike low and bounced back up to Y-0. Closed the week below Y-0 and above midpoint. Outlook The consolidation is likely ...READ MORELawrence's Comment Recap I was talking about sudden wild swings last week and we got that everyday last week. Every day during european session euro drifted lower yet by US ...READ MORELawrence's Comment Recap Instead of a reversal euro managed to break out of its up channel without dropping back down below the support zone. Wild swings at the 2nd half of the ...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 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 MOREWeekly Cycle Projection (EURUSD) 2011-05-09Intraday Cycle Projection (EURUSD) 2016-06-30USDCAD Feb 23 to Feb 27 OutlookEURUSD Jul 23 to Jul 27 OutlookEURUSD Aug 05 to Aug 09 Outlook3DP Odds Table (EURUSD) 2014-07-23Precog Vision – Forex 2017-10-16Hot n Cold (EURUSD) 2012-10-26Hot n Cold (EURUSD) 2021-2-12Precog Vision – Forex 2016-11-15
As Featured In
EURUSD Feb 11 to Feb 15 Outlook
Lawrence’s Comment
Formed a top right within the expected zone as mentioned last week and got the significant pullback I was looking for. Closed the week below Y-1 and at week low.
Outlook
This pullback is reaction to the 2nd long term up swing in euro. A more complex drop from here will bring euro back down to the long term support zone as mentioned in my newsletter.
For next week, as long as B-0 is acting as resistance, more downside is expected.
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