Recap Bottom from last week acting as support as expected but situation in Ukraine and banking problems in Europe is turning the pair into a mess. Closed the week above Y-0 and midpoint.
Outlook Inside week closing above Y-0 and midpoint. Not as strong as one would like to see. Setting up FBO on the boundary (Y+1 and Y-1) that tagged first with the other end next.
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Lawrence's Comment
Recap
Upside breakout right from the start. Failing to hold above Y+1 gave us FBO play for Y-1 and below. Y-1 resistance by end of week gave us a flush ...
Lawrence's Comment
Recap
NQ gapped back up to Y-0 and stalled. Sold off back down to Y-1 and found support. Drifted back up to week mid. Closed the week below Y-0 and ...
EURUSD Aug 18 to Aug 22 Outlook
Lawrence’s Comment
Bottom from last week acting as support as expected but situation in Ukraine and banking problems in Europe is turning the pair into a mess. Closed the week above Y-0 and midpoint.
Outlook
Inside week closing above Y-0 and midpoint. Not as strong as one would like to see. Setting up FBO on the boundary (Y+1 and Y-1) that tagged first with the other end next.
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