Recap Consolidated around Y+1 until Y+1 turning into support. Moved higher until 50% previous week range established. Closed the week above Y+1 and midpoint.
Outlook Above B+1 likely. FBO against B+1 points to break down play with Y-0 crime scene target.
Lawrence's Comment
Recap
Consolidation around previous week close at 50% range. A rare normal breather since the beginning of this year. Closed the week below Y+1 and near midpoint.
Outlook
A marginal double top ...
Lawrence's Comment
Recap
Euro refused to go lower in the beginning of the week and challenged Y-0. Failed to clear Y-0, euro started its move to go down to the 1.32 long ...
Lawrence's Comment
Recap
Range bounded trading as expected and Y-0 support is not even challenged. Closed the week at 50% absolute expansion.
Outlook
B-0 to B+1 zone is a significant resistance area. Any ...
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 continues to march higher with no significant pullback. Yet, it did not quite make it to the IHS target of 1570 mentioned last week. Option expiration together with ...
AUDUSD Mar 14 to Mar 18 Outlook
Lawrence’s Comment
Consolidated around Y+1 until Y+1 turning into support. Moved higher until 50% previous week range established. Closed the week above Y+1 and midpoint.
Outlook
Above B+1 likely. FBO against B+1 points to break down play with Y-0 crime scene target.
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