Recap Aussie slow drift pullback most of the week. Found support at previous year close and took off after NFP report. Closed the week near Y+1 and at week high.
Outlook As mentioned last week Aussie did an upside breakout and now we have confirmation. At least a run to B+2 is expected.
Lawrence's Comment
Recap
Downside 2200 target tagged. Then failed to hold and break lower to next support zone around 2150. Closed the week at the low of the week.
Outlook
Given the momentum ...
Lawrence's Comment
Recap
Overall whole week behaved what a normal continuation week should with all the details completely messed up. First, Dow triple bottom against Y-1 and bounced back up to Y-0. ...
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
How wrong was I on NQ. Instead of a clean FBO Monday, NQ rejected the setup by not breaking the Monday low and instead gap and breakout upside. Tagged ...
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AUDUSD Jan 13 to Jan 17 Outlook
Lawrence’s Comment
Aussie slow drift pullback most of the week. Found support at previous year close and took off after NFP report. Closed the week near Y+1 and at week high.
Outlook
As mentioned last week Aussie did an upside breakout and now we have confirmation. At least a run to B+2 is expected.
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