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
More downside as expected. 50% range bounded the price actions. Closed the week near Y-1 and midpoint.
Outlook
Consolidation around Y-1 points to continuation of current trend likely. So ...
Lawrence's Comment
Recap
The expected bearish scenario unfolded. Dow failed to hold Y-1 and then dropped in a waterfall pattern clearing Y-2 and Y-3 in 1 go. The drop unleashed some panic ...
Lawrence's Comment
Recap
Got downside breakout which was the side with better odds. Tagged Y-2 target and consolidated since. Closed the week above Y-2 and below midpoint.
Outlook
Notice the way it drops is ...
AUDUSD Jul 27 to Jul 31 Outlook
Lawrence’s Comment
Bearish bias worked out. Y-0 resistance sent Aussie down to Y-2 normal target. Closed the week near Y-2 and week low.
Outlook
Y-3 target is still in play. Y-1 / B-0 strong resistance until proven otherwise.
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