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
A short squeeze from the bear flag as expected. Cable rushed to Y+3 before it stopped. Such move has no staying power and led to quick drop back down ...
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
Consolidation as expected with a very thin up channel in place all week. Spike breaks of the channel all failed throughout the week. Closed the week near Y+1 and ...
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 Jul 20 to Jul 24 Outlook
Lawrence’s Comment
Test of Y-1 as expected. Y-1 support all week. Closed the week near Y-1 and below midpoint.
Outlook
2nd consolidation week with weak close is bearish. Until B-0 turning into support, down trend can lead to a flush down to B-3.
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