Lawrence's Comment
Recap
As expected, Y-0 was tagged after multiple attempts to break below Y-1 and failed. Closed the week near midpoint.
Outlook
Loonie likely trapped between B+1 down to B-1 over ...
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
Bottom of the boundary on weekly tested and rejected. Door opened to challenge Y+1 since and was tested near end of the week. Closed the week above Y-0 and ...
Lawrence's Comment
Recap
Consolidation around Y-1 and 50% range of the week before. Closed near the week low.
Outlook
No clear swing formation to lean on. Even last week I can tell ...
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
AUDUSD Jan 23 to Jan 27 Outlook
Lawrence’s Comment
Bullish scenario unfolded and tagged Y+2 target. STOPD swing in its simplest form. Closed the week at its high.
Outlook
Should move higher above B+1 early in the week. Many Asian markets are close on Monday thus gold and forex may suffer liquidity issues.
If B+1 failed to act as support after moving above it on 4 hour, a retest of B-0 will happen quickly.
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