Lawrence's Comment
Recap
Followed the down channel play and gave us a easy week. Closed the week above Y-1 and below midpoint.
Outlook
Down channels do not last. As long as B-0 acting as ...
Lawrence's Comment
Recap
Flushed to downside target as mentioned last week and the expected pause started. Sideway actions all week at 50% range. Closed the week near Y-1 and above midpoint.
...
Lawrence's Comment
Recap
NQ is the weak one last week. It follows the NFP playbook as well but it just cannot get through the 2800 round number. Like Dow, NQ bottomed on ...
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 25 to Mar 29 Outlook
Lawrence’s Comment
No pullback. Just a pause below Y+1 and then popped higher. Closed the week above Y+1 and near week high.
Outlook
As mentioned last week, as long as there is no confirmed sell setup Aussie can keep going higher after being suppressed for such a long time.
A new support zone is now created at Y+1 / B-0. As long as that holds, another push higher to B+2 is expected.
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