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
Reaction at Y+1 gave us the setup for a 1-2-3 long breakout upside setup. Normal breakout target of Y+3 was reached. euro pullback to Y+2 but failed to hold ...
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 week at 50% range. 1780 magic #. Due to overnight news shock all week, we observed surprise breakout plays almost everyday last week. Yet, S&P was still bounded ...
AUDUSD Apr 23 to Apr 27 Outlook
Lawrence’s Comment
50% previous week range consolidation. Happens often after an initiate reversal. Closed the week near midpoint.
Outlook
A run to B+1 will trigger a run to Y+1, B+2 and B+3.
Less likely scenario is that if Aussie drops quickly early in the week down to B-1 and that B-0 acting as resistance, then B-2 is in play.
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