ECB Take Down On Euro Begins

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

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 Upside push continue until retest of the crime scene (above Y+2) where the breakdown happened back in April. Closed the week above Y+1 and midpoint. Outlook Weekly up trend ...

Lawrence's Comment Recap Y-1 breached early in the week as expected. But it turns into a w. spring against Y-1 and rally to the natural target Y+1. Broke above Y+1, the ...

Lawrence's Comment 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 ...

Lawrence's Comment Recap Trapped in same range as in past several weeks. Then downside breakout happened. Closed the week near Y-1 and below midpoint. Outlook For the breakout to continue, Y-1 must ...

Lawrence's Comment Recap Weekly buying showed up at Y-1. Y+1 tagged but the buying was not strong enough to keep ninja above that. Closed the week below Y+1 and above midpoint. Outlook Outside week. ...

Lawrence's Comment Recap Y-1 test led to up drift for Y-0 all week. Closed the week near Y-0 and week high. Outlook Rising wedge breakdown points to test of B-1 / Y-1. ...

Lawrence's Comment Recap Compression as expected. FBO against Y+1 later in the week did not lead to a breakdown as situation with Greece has no decision yet. Closed the week above Y-0 ...