Recap Classic STOPD consolidation behaviour – rejected Y-1 and zoom back to Y+1. The more interesting thing happened was that the week closed above Y+1.
Outlook The breakout is officially in place. It is going up. As long as any pullback is quick and bounce back up quicker and no lower than B-0, euro is on its way to B+2 and much higher.
Lawrence's Comment
Recap
Beautiful perfect drop to Y-2 and staged a bounce from there as expected. Who says we cannot tell where the markets are heading? Closed the week below Y-0 and ...
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
Whiplash played out as expected. got down to target around Y-3 before support is found. Closed the week below Y-2 and midpoint.
Outlook
A crossroad here for Aussie. Being ...
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 Jul 04 to Jul 08 Outlook
Lawrence’s Comment
Classic STOPD consolidation behaviour – rejected Y-1 and zoom back to Y+1. The more interesting thing happened was that the week closed above Y+1.
Outlook
The breakout is officially in place. It is going up. As long as any pullback is quick and bounce back up quicker and no lower than B-0, euro is on its way to B+2 and much higher.
Share