Recap Tight range. No news. No move. Closed the week at midpoint and Y-0.
Outlook Breakout mode. Original trend entering the consolidation was up. So, upside breakout has a slight advantage. Any breakout from here should tag at least B+3 or B-3 in 1 go.
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
The breakdown play worked out. Cable cleared 1.53 quickly and dropped down to Y-2 for a pause. That did not last long and cable just break down at the ...
Lawrence's Comment
Recap
More upside as expected. Consolidated around Y+1. Closed the week near Y-0 and below midpoint.
Outlook
First week long pullback. as long as Y-0 / B-1 acting as support, B-0 is ...
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 Dec 31 to Jan 04 Outlook
Lawrence’s Comment
Tight range. No news. No move. Closed the week at midpoint and Y-0.
Outlook
Breakout mode. Original trend entering the consolidation was up. So, upside breakout has a slight advantage. Any breakout from here should tag at least B+3 or B-3 in 1 go.
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