Lawrence's Comment
Recap
Gapped above Y+1 on Monday and closed below. All out selloff induced until 100% absolute range expansion right above Y-1. NQ then tried very hard to produce ...
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
Test of Y+1 failed on first try sent NQ back down to Y-0. Y-0 support sent NQ on 2nd try to Y+1. FBO Y+1 sent NQ down to almost ...
EURUSD Dec 12 to Dec 16 Outlook
Lawrence’s Comment
No extra intervention, so euro has to return to where the breakout started around Y-1. Closed the week at midpoint.
Outlook
No strong directional bias building up.
Slight edge for bulls to push for a retest of B+1.
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