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.
Lawrence's Comment
Recap
As mentioned last week, double whiplash with breakout to the downside. Tagged downside target of Y-3. Closed the week near week low and above Y-3.
Outlook
Just got ...
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
Lawrence's Comment
Recap
Nothing happened to Euro, so cable stayed there in consolidation. Y+1 resistance sent cable back down to Y-0 and then it took off to new high. Equal distance from ...
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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