Recap No quick snap back up early in the week. Just drift down. End of week sudden pop back up to Y-1. Closed the week at midpoint and below Y-1.
Outlook No clue from the price actions last week.
Normally, such weak consolidation points to much lower prices the week right after. But rumors are flying all over the place since Friday. I expect sudden surprises and wild swings this coming week.
Lawrence's Comment
Recap
Breakout play to the upside gave us Y+2 and above. 100% absolute range expansion capped the upside. Closed the week above Y+2 and near week high.
Outlook
No sign ...
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
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
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
EURUSD Jul 16 to Jul 20 Outlook
Lawrence’s Comment
No quick snap back up early in the week. Just drift down. End of week sudden pop back up to Y-1. Closed the week at midpoint and below Y-1.
Outlook
No clue from the price actions last week.
Normally, such weak consolidation points to much lower prices the week right after. But rumors are flying all over the place since Friday. I expect sudden surprises and wild swings this coming week.
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