Lawrence's Comment
Recap
Y-1 breached on 2nd try sending euro down to Y-2. Closed the week below Y-2.
Outlook
Weaknesses continue. As long as B-0 acts as resistance, more downside is expected.
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
1-2-3 buy off Y-1 in the beginning of the week pushed cable back up to also Y+1. Yet it was not strong enough and sold off from 1-2-3 sell ...
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
Momentum carried this higher but not quite up to Y+2 as the week is suppose to consolidate. Entered into tight range congestion most of the week. Closed the week ...
Lawrence's Comment
Recap
Pulled back to our downside target from last week then consolidate. Retest of Y+1 failed to breakout to the upside.
Outlook
Direction is not established from the test. Hence we ...
Euro At 2012 Year High Zone
Chart with key levels.
Purple horizontal lines mark the 2012 range.
Light purple horizontal line marks the 50% expansion.
Blue lines down channel. Red lines 50% expansion of channel.
Green lines measured move projection.
Orange lines the original swing breakdown level.
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