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Traders often talk about volatility. Many brokerages even offer volatility reports on various timeframes across all the forex pairs as a service to their clients. People talk about volatility because ...READ MORELawrence's Comment Recap ES opened around its previous week close and consolidated there. Break out immediately right after gave us a run to Y+2. Since then a pullback back down to the ...READ MOREFor 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 scheduleREAD MOREFor 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 scheduleREAD MOREFor 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 scheduleREAD MOREUSDJPY Nov 06 to Nov 10 OutlookMarket Breadth Primer: Forex Majors And Their SurprisingS&P 500 Feb 17 to Feb 21 OutlookPrecog Vision – Forex 2023-5-2Precog Vision – Forex 2021-2-24Intraday Cycle Projection (EURUSD) 2012-10-17Precog Vision – Forex 2017-6-12Intraday Cycle Projection (EURUSD) 2013-01-14Dow 30 Sep 19 to Sep 23 OutlookDow 30 Jul 15 to Jul 19 Outlook
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EURUSD Apr 07 to Apr 11 Outlook
Lawrence’s Comment
Euro went lower as expected. Strong reaction several times to stop the drop yet not able to change the course. Closed the week below Y-1 and midpoint.
Outlook
Critical week with euro sitting right above longer term support. Longer term resistance Y-0 to Y+1 will be difficult to break. That staged a potential fight back up to Y+1 / B+2.
As long as euro stays below B-0 / Y-0, more downside is expected. Once this zone is cleared, euro has a good chance to rally to Y+1.
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