Recap Y-1 test resulted in a higher low rally. The break above Y+1 cleared the major resistance level established over the past few weeks. Closed the week at the high of its range.
Outlook Y+2 and B+2 are in play. Y+1 down to B-0 is strong support zone now.
Lawrence's Comment
Recap
Down side push resulted in a clean break out down to Y-2 target. Immediately price snap back above Y-1 and staged a run to Y+1 from the FBO against ...
Lawrence's Comment
Recap
NQ gapped above Y-0 and that turned into support. It does not matter whether it traded back above Y-0 or gapped above. In fact, the gapping above B-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
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
ES dropped back to Y-0 as expected. The breakdown scenario also unfolded right after. ES found support after testing the swing low on daily. Closed the week near Y-1 ...
AUDUSD Jul 25 to Jul 29 Outlook
Lawrence’s Comment
Y-1 test resulted in a higher low rally. The break above Y+1 cleared the major resistance level established over the past few weeks. Closed the week at the high of its range.
Outlook
Y+2 and B+2 are in play. Y+1 down to B-0 is strong support zone now.
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