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Lawrence's Comment
Recap
Tight range sideway market. Made new low by end of the week. Closed the week above Y-1.
Outlook
As expected we got more weaknesses in ninja but there was ...
Lawrence's Comment
Recap
Pullback as expected. Down to Y-0 zone as expected. And took off to retest Y+1, then breakout to almost Y+2. Closed the week near high of week.
Outlook
The ...
Lawrence's Comment
Recap
In sync with Dow, but weaker, NQ struggled to clear Y+1 and eventually fall back down to Y-0. Y-0 support gave it fuel to go up to Y+2. Closed ...
EURUSD Feb 20 to Feb 24 Outlook
Lawrence’s Comment
Sold off to below 1.30 triggered intervention by spreading rumors and speculative news again. Closed the week below Y-0 and above midpoint.
Outlook
Below 1.30 is rejected due to intervention implying those in control do not want to see 1.29 to print at all, or for now.
That however failed to take euro much higher like last few times as most other related markets are not responding well too.
As long as B-0 upto B+1 acting as resistance, retest of B-1 and more downside is expected.
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