Recap The FBO short play worked out perfectly with Y-1 tagged by the end of the week. Y-0 acted as resistance all week. Closed the week near Y-1 and week low.
Outlook B-0 resistance until proven otherwise, potential daily down trend in the making.
Lawrence's Comment
Recap
Was looking for a breakout and it turned into another tight range week consolidating around Y+1. Closed the week near Y+1 and at midpoint.
Outlook
Potential breakout failure ...
Lawrence's Comment
Recap
Took another 50% expansion to finish majority of the shorts. Ninja reacted to Y+2 and stuck there since. Closed the week above Y+1 and midpoint.
Outlook
Initial shock 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
Lawrence's Comment
Recap
Euro rallied from our support zone as expected. It also failed to go much higher as expected too. Closed the week above Y+1.
Outlook
Last week Euro completed its measured ...
Lawrence's Comment
Recap
NQ test of downside target as expected and sparked a strong rally off the support. Follow thru actions pushed NQ back up above normal reversal target Y-0. Closed the ...
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 Jun 29 to Jul 03 Outlook
Lawrence’s Comment
The FBO short play worked out perfectly with Y-1 tagged by the end of the week. Y-0 acted as resistance all week. Closed the week near Y-1 and week low.
Outlook
B-0 resistance until proven otherwise, potential daily down trend in the making.
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