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
3 pushes up into Y+2 resistance, signalled clean drop to Y-1. Got the drop and found support. ES bounced back up after news about Ukraine was fed out at ...
Lawrence's Comment
Recap
Gap down to 3900 and staged a fight back up to Y-1 but failed to get there until the 3rd try. Y-1 cleared but 100% absolute range limited the ...
Lawrence's Comment
Recap
As expected, Dow failed to porduce any rally off Y+1 and crashed back down below Y-0 area. As last week was option expiration, Dow did not tag Y-1 ...
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
EURUSD Apr 02 to Apr 06 Outlook
Lawrence’s Comment
Euro broken out to the upside after news shock. Stayed in a tight range above Y+1 since. Closed the week above Y+1.
Outlook
Critical week.
If euro can stay above Y+1 by end of week, the weekly breakout will be confirmed and that opens the door to higher price levels.
If euro failed to stay above Y+1 by end of week, it will turn into a false breakout on weekly level implying quick drop back down to B-3.
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