Recap Intervention at its finest – by rumors. No one even dare to touch euro in 2nd half of the week allowing it to drift higher all the way. Closed the week at Y+1.
Outlook No outlook. Cannot predict how people will react to uncertainty. In this case, if volatility increases, then B+2 and B-2 are both in the radar.
I will not touch this pair until after I get the first 2 swings next week. From there the outlook should be more readable.
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
Sold off early in the week with Dow leading to the downside. This time ES was influenced by Dow more than NQ. Back down to support ES bounced off ...
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 Jun 18 to Jun 22 Outlook
Lawrence’s Comment
Intervention at its finest – by rumors. No one even dare to touch euro in 2nd half of the week allowing it to drift higher all the way. Closed the week at Y+1.
Outlook
No outlook. Cannot predict how people will react to uncertainty. In this case, if volatility increases, then B+2 and B-2 are both in the radar.
I will not touch this pair until after I get the first 2 swings next week. From there the outlook should be more readable.
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