Recap Consolidation with pullback to target mentioned last week. No real action until end of week tension increased between US and Russia. Closed the week near Y+1 and B+1.
Outlook Above B+1 we get B+2, that requires gold to strengthen though.
The more interesting setup is that Aussie breaking B-1 decisively, a drop to B-3 likely.
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
NQ dropped initially as expected but it failed to tag Y-2 and a forced FBO led to a quick run above Y+1. Yet, NQ could not stay above Y+1 ...
Lawrence's Comment
Recap
What a week with euro. Upside breakout first only to close the open gap above and collapsed right back below Y+1 and going all the way back down to ...
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 Apr 07 to Apr 11 Outlook
Lawrence’s Comment
Consolidation with pullback to target mentioned last week. No real action until end of week tension increased between US and Russia. Closed the week near Y+1 and B+1.
Outlook
Above B+1 we get B+2, that requires gold to strengthen though.
The more interesting setup is that Aussie breaking B-1 decisively, a drop to B-3 likely.
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