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ContentReviewEuro Not the Time to Touch ItS&P Delaying the Inevitable Means a Steeper Correction AheadGold Shaping Up for More UpsideBig Picture SummaryReviewEuro another try to break the channel resistance. Outcome ...READ MORELawrence's Comment Recap Consolidation with 50% previous week range as expected. Pushed lower to retest Y-1 and failed to stay below. Bounced back up to take on Y-0. Closed the week below ...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 MOREUSDCAD Oct 31 to Nov 04 OutlookUSDJPY Sep 05 to Sep 09 OutlookHot n Cold (EURUSD) 2020-4-10MBO Issue 95 (Nov 2019) Time to Sell3DP Odds Table (EURUSD) 2018-06-13GBPUSD Mar 08 to Mar 12 OutlookIntraday Cycle Projection (EURUSD) 2016-08-01USDCAD Mar 30 to Apr 03 OutlookUSDCAD Dec 02 to Dec 06 OutlookPrecog Vision – Forex 2015-1-30
As Featured In
EURUSD Jul 08 to Jul 12 Outlook
Lawrence’s Comment
Y-0 acted as resistance, down trend continued. Sold off to my downside target by the end of the week. Closed the week near week low and below Y-2.
Outlook
Not time to pick bottom yet although the selling is a bit overdone. Consolidation around B-1 is expected with downside bias.
The counter-trend play may happen if euro flushed lower in the beginning of the week at Y-4 and snapped back up above Y-3 on daily close basis. From there the upside target is Y-1.
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