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
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
As mentioned last week, strong support at Y-0 with more upside expected. Unfolded without surprise. Closed the week above Y+1 and midpoint.
Outlook
Aussie and Lonnie are both under the influence ...
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 14 to Jan 18 Outlook
Lawrence’s Comment
Stayed strong since beginning of the week and zoomed to almost tagging my target of Y+2. Closed the week near Y+1 and midpoint.
Outlook
Last week was a variation of consolidation as it eventually moved back to Y+1.
As long as B-1 to B-0 acts as support, no good reason to go short, yet.
Notice a potential up channel in the making on 4 hours and up.
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