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Lawrence's Comment Recap Upside breakout got Y+3 target quickly. Y+3 turned into support and sent this higher. Stop run took over and cleared 1.37. Closed the week above Y+5 and at week ...READ MOREFor 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 scheduleREAD MORELawrence's Comment Recap What resistance? Y-0 did not even give cable a pause when it shot up from previous week close. That opened the door to Y+1. Cleared Y+1 midweek. ...READ MOREMany traders who took the plunge into trading forex do not know about many basic biases that are very useful but not very obvious. Not buying euro on Monday is ...READ MOREUSDCAD Dec 14 to Dec 18 OutlookDow 30 Feb 19 to Feb 23 OutlookPrecog Vision – Forex 2022-6-33DP Odds Table (EURUSD) 2013-08-26Nasdaq 100 Oct 28 to Nov 01 Outlook3DP Odds Table (EURUSD) 2018-07-113DP Odds Table (EURUSD) 2016-02-03Intraday Cycle Projection (EURUSD) 2016-10-12GBPUSD Dec 17 to Dec 21 OutlookWhy You Shouldn’t Long Euro On Monday
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EURUSD Jul 30 to Aug 03 Outlook
Lawrence’s Comment
Tagged Y-2 as expected. Then came the empty promises from various officials in Europe. Short squeeze all the way. Closed the week near week high.
Outlook
Same old empty promises strike again. Popped euro higher and other risk assets as well. We all know it will not last.
For now, however, just play along. As long as B-0 acting as support, Euro can go higher.
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