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
My short term low in place expectation proven to be correct. ES rushed back up above Y-0 since the beginning of the week and consolidated around it. FOMC announcement ...
Lawrence's Comment
Recap
Mentioned last week ES would be influenced by NQ and it happened. ES was weak and failed to hold Y-0 yet strength in NQ carried ES higher and forced ...
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 Jan 02 to Jan 06 Outlook
Lawrence’s Comment
Y-0 acted as support and Aussie zoomed up above Y+1. Closed the week at around Y+1.
Outlook
If Y+1 to B+1 turning into resistance, we likely get a selloff back down to Y-0 again.
Breaking above B+1 we get Y+2 quickly.
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