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Lawrence's Comment Recap First week of the year found resistance at Y-0 and selloff down to Y-3. Closed the week near Y-3 and week low. Outlook USD strength across the board against ...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 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 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 MOREIntraday Cycle Projection (EURUSD) 2016-01-083DP Odds Table (EURUSD) 2017-11-27GBPUSD Jan 11 to Jan 15 OutlookPrecog Vision – Forex 2021-11-2Precog Vision – Forex 2014-10-24Intraday Cycle Projection (EURUSD) 2021-07-15EURUSD Aug 19 to Aug 23 OutlookHot n Cold (EURUSD) 2019-3-15Precog Vision – Forex 2018-8-7Intraday Cycle Projection (EURUSD) 2021-10-28
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EURUSD Jun 23 to Jun 27 Outlook
Lawrence’s Comment
Y-1 support zone spike test gave us a run back to Y-0. Instead of a clean test, we got a stair step / bear flag like action testing Y-0 which resulted in a breakout / stop run back up to the price level that started the breakdown. Closed the week back down near Y-0 and above midpoint.
Outlook
A potential adam and eve bottom in the making but it is not going to be confirmed until after Y+1 is cleared. If Y+1 is cleared, a run to Y+3 is in order.
Before that happens, Euro is still in daily / weekly down trend thus a slow sideway push back up to Y+1 is not bullish. It is just summer drift until next market moving event kicks start another move.
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