Recap No drastic move last week. 2nd week of pullback from the multiple week rally. Closed the week below Y-1 and midpoint.
Outlook Still moving within the context of consolidation / pullback mode. Until gold can make a move out of its current range, there is nothing much to lean on.
A down channel is now in place, as long as Aussie failed to clear B-0, there is probably one more down move to go.
Lawrence's Comment
Recap
Sold off to B-2 as expected early in the week. Rallied all the way back to challenge Y-0 and failed. Closed the week at midpoint and above Y-1.
Outlook
ES ...
Lawrence's Comment
Recap
Drifted up as expected, except that shock caused by euro broken down. Closed the week at midpoint.
Outlook
A new year means a new initiation process starting this week. ...
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
Y-0 resistance sent Aussie down to Y-1. Y-1 acted as support sent Aussie back up to Y-0. Closed the week near Y-1 and below midpoint.
Outlook
Tight range week with no ...
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 Mar 03 to Mar 07 Outlook
Lawrence’s Comment
No drastic move last week. 2nd week of pullback from the multiple week rally. Closed the week below Y-1 and midpoint.
Outlook
Still moving within the context of consolidation / pullback mode. Until gold can make a move out of its current range, there is nothing much to lean on.
A down channel is now in place, as long as Aussie failed to clear B-0, there is probably one more down move to go.
Share