Recap Updrift all the way as no new news shock coming from Euro zone. The updrift ended with a 3 pushes up and stalled. Closed the week above Y+1 and midpoint.
Outlook As long as B+1 acting as resistance, a pullback to B-2 / Y-0 very likely.
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
Rejected twice below Y-0 at 1.62. 2nd time sent cable down to Y-2. Staying weak as expected. Sold off to the nearest target as expected. Closed the week ...
Lawrence's Comment
Recap
Consolidation week. Failed to take out Y-0 in beginning of the week gave us a flush below Y-1. Yet quickly bottom out and popped above Y-0. Closed ...
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 15 to Apr 19 Outlook
Lawrence’s Comment
Updrift all the way as no new news shock coming from Euro zone. The updrift ended with a 3 pushes up and stalled. Closed the week above Y+1 and midpoint.
Outlook
As long as B+1 acting as resistance, a pullback to B-2 / Y-0 very likely.
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