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Lawrence's Comment Recap 78 tested and held very well the whole week. Closed the week bouncing off 78 and near week high. Outlook As long as B-0 acts as support, B+2 should ...READ MORELawrence's Comment Recap Selloff as expected. Tagged Y-1 target and 13000 round number level. But that was all the bears got. News shock sent Dow back up to the gap and ...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 MORELawrence's Comment Recap Intervention as expected. Forced ninja back up to Y+1 before it stalled. Closed the week near week high. Outlook Consolidation after 2 weeks of wild swings is likely. As ...READ MOREUSDJPY Jul 30 to Aug 03 OutlookIntraday Cycle Projection (EURUSD) 2011-09-053DP Odds Table (EURUSD) 2021-10-21GBPUSD Dec 07 to Dec 11 OutlookDow 30 Sep 03 to Sep 07 OutlookIntraday Cycle Projection (EURUSD) 2014-10-07Precog Vision – Forex 2020-6-4Precog Vision – Forex 2015-5-183DP Odds Table (EURUSD) 2020-11-17USDJPY Jun 11 to Jun 15 Outlook
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EURUSD May 16 to May 20 Outlook
Comparing to GBP, euro had a more difficult selloff. It took better half of the week to make an attempt to test Y-1 and finally sold off to almost Y-2.
Outlook
Euro is resisting the selloff. Trend buy players are stepping in to support 1.42, 1.41, and 1.40 levels. Thus the price movement this week will likely be a mess. Would prefer to wait for the moving average crowds to finish their fights here first.
As long as Y-1 to B+1 acts as resistance, the down trend on 4 hours is intact.
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