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 intervention from ECB and gang in the beginning of the week forced euro to go higher as shorts are squeezed hard. Closed the week at Y+2.
Outlook
As ...
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
Classic seasonal bias for the last two weeks of the year is mild positive gain, so it is not as bad as many thinks about the selloff into end ...
AUDUSD Jun 06 to Jun 10 Outlook
Lawrence’s Comment
Y-0 acted as support as expected and a double bottom was formed late in the week to break the Y+1 resistance.
Outlook
As long as B-0 to Y+1 acts as support, B+2 is likely.
Share