Lawrence's Comment
Recap
Short squeeze on rumors back up to Y-0. Collapsed right after back down to Y-1. Equal distance target below tagged by end of the week off previous week close. ...
Lawrence's Comment
Recap
As mentioned last week, the pocket below has to be taken care of first. Gap up open did not change the bias and gave us an even better drop. ...
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
A short squeeze from the bear flag as expected. Cable rushed to Y+3 before it stopped. Such move has no staying power and led to quick drop back down ...
Lawrence's Comment
Recap
2nd consolidation week. Tighter range too. Closed the week above Y-0 and below midpoint.
Outlook
Directionless. Breakout mode in place. This time I have no directional bias.
Very dangerous setup - once ...
Lawrence's Comment
Recap
Breakout above Y+1 and that turned into support, giving us the classic STOPD run to Y+3. Isn't that simple enough?
Outlook
As long as B-0 acts as support, uptrend intact ...
EURUSD Jul 16 to Jul 20 Outlook
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