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Lawrence's Comment Recap Y-0 failed to provide support and turned the spring setup into a consolidation. Closed the week at week low and below Y-0. Outlook Inside week with Y-0 and B-0 near same ...READ MORELawrence's Comment Recap Was expecting consolidation actions and cable did in the first half of the week. Then everything changed as the test of Y+1 did not produce a quick drop and ...READ MORELawrence's Comment Recap Euro rallied from Y-1 as expected and cleared Y-0 in 1 go. The counter-trend rally was triggered as mentioned last week zooming it back up to near 1.28 before ...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 MOREHot n Cold (EURUSD) 2011-5-26USDJPY Sep 30 to Oct 04 Outlook3DP Odds Table (EURUSD) 2019-02-01USDJPY Jan 21 to Jan 25 OutlookGBPUSD Apr 27 to May 01 OutlookEURUSD Oct 13 to Oct 17 Outlook3DP Odds Table (EURUSD) 2016-09-12Precog Vision – Forex 2015-8-20Precog Vision – Forex 2020-10-9Intraday Cycle Projection (EURUSD) 2023-03-02
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EURUSD Dec 15 to Dec 19 Outlook
Lawrence’s Comment
Rejected Y-1 early in the week provided fuel for Euro to challenge Y+1. Stopped at 100% absolute range expansion. Y-0 acted as support on pullback. Closed the week above Y-0 and midpoint.
Outlook
Y+1 / B+1 strong resistance zone. As explained last week, if Euro jumped above Y+1, a squeeze will take Euro back up to mid 1.27s. If Euro consolidates around Y+1 / B+1, another flush below B-1 is likely.
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