Recap of Last Week As expected, range contracted significantly to just 50% of the prior week. A new low is printed without expansion into 50% downside expansion target zone ...
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 started the week above Y+1 invalidated its down trend, making Y-0 strong support. NQ then failed to hold above Y+1 and flushed down to support. NQ held the ...
Lawrence's Comment
Recap
Retest of Y+1 as expected. Failed to clear it, gave us consolidation above Y-0. Closed the week above Y-0 and near midpoint.
Outlook
Inside week and extreme tight range. Breakout play ...
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 27 to May 01 Outlook
Lawrence’s Comment
Best behaving pair last week. Consolidation around previous week close at 50% week range. Closed the week near Y+1 and week high.
Outlook
Breakout above Y+1 / B+1 points to quick test of B+2. FBO against B+1 below B+2 will drop Aussie back down to B-1 and likely lower.
Share