Lawrence's Comment
Recap
Euro held support mentioned last week and rallied to normal Y+2 upside target. Strong reaction against Y+2 gave us a drop back down to Y+1. Closed the week below ...
Lawrence's Comment
Recap
Y-0 support started a squeeze as expected. Y+1 and Y+2 targets tagged easily. Closed the week above Y+2 and near week high.
Outlook
Consolidation play until NFP Friday. Shorten ...
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
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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