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.
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
This pair caught me by surprise with a breakout to the downside. When Y-1 rejected the bounce we got a go for Y-3. Flushed all the way down to ...
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
Spent most part of the week above Y-0 and right below Y+1 but failed to make a push above Y+1. Then the pair simply dropped through Y-0 as if ...
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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