Recap Got Y-2 as expected. Intervention type news shock from there is also expected. Closed near the high of the week and above Y-0.
Outlook euro has not snapped out of its bearish down trend yet. If early next week euro stall from Y+1, then a strong pullback to B-0 or lower is expected. Messy pair to swing trade.
Lawrence's Comment
Recap
Consolidation with tight range around Y-1. Closed the weekbelow Y-1 and near week low.
Outlook
Waterfall effect points to potential drop down to Y-2 and Y-3 before support 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
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
Popped back up above Y-0 as expected. That was not enough to stop the selling as significant selling happened in the underlying components when ES was above 1660. The ...
EURUSD Jul 02 to Jul 06 Outlook
Lawrence’s Comment
Got Y-2 as expected. Intervention type news shock from there is also expected. Closed near the high of the week and above Y-0.
Outlook
euro has not snapped out of its bearish down trend yet. If early next week euro stall from Y+1, then a strong pullback to B-0 or lower is expected. Messy pair to swing trade.
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