Lawrence's Comment
Recap
Started the week holding Y-0. Upside breakout tagged target Y+2 and stalled. Struggled to hold Y+1 since. Closed the week above Y+1 and near midpoint.
Outlook
1.13 and above ...
Lawrence's Comment
Recap
Inside week. Absolutely going nowhere. Closed the week below Y-0 and midpoint.
Outlook
A week of bear flag points to retest of Y-1 sometime next week.
If a base ...
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Lawrence's Comment
Recap
Hold support and took off. Easy as pie. Blasted through Y+1 and closed the week at Y+1.
Outlook
Long term bottom likely in place (at least in the making). ...
Lawrence's Comment
Recap
Quiet start for the week followed by FOMC announcement news shock. 100% absolute range expansion reached and stalled. Closed the week at Y+1 and above midpoint.
Outlook
Rally was a result ...
EURUSD Apr 28 to May 02 Outlook
Lawrence’s Comment
Euro held its support and drifted higher since. Another tight range week. Closed the week above Y-0 and midpoint.
Outlook
2nd tight range week in a row gives us breakout mode. There is no direction until euro clears Y+1 or B-1 decisively. Wait and see.
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