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Lawrence's Comment Recap Popped higher totest0.77 as expected. Clean break of Y-1 led to a drop to Y-3 normal range expansion target. Closed the week below Y-2 and near week low. ...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 Unlike NQ, ES ended last week without filling the gap above completely. ES was the weaker one. The rally was a controlled one because by the end of ...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 MOREAUDUSD May 09 to May 13 OutlookIntraday Cycle Projection (EURUSD) 2019-02-25Precog Vision – Forex 2013-1-9S&P 500 Mar 28 to Apr 01 OutlookNasdaq 100 Jun 19 to Jun 23 OutlookHot n Cold (EURUSD) 2018-1-26Precog Vision – Forex 2012-7-9Hot n Cold (EURUSD) 2012-4-23DP Odds Table (EURUSD) 2012-07-09Hot n Cold (EURUSD) 2012-11-2
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EURUSD Mar 17 to Mar 21 Outlook
Lawrence’s Comment
As expected we got a consolidation but Y-0 was never touched. this indicated a lot more trapped shorts were still refusing to give up. That led to the 3rd stop run in 2nd half of the week. Closed the week near Y+1 and above midpoint.
Outlook
A clear pocket is now in place visible on 4 hour. This pocket will be filled quickly if euro fails to push above B+1. Very similar to what happened last time back in 2013 where majority of the short positions had to be destroyed first before euro can go lower.
Daily setup of a break below B-2 with B-1 turning into resistance will provide the necessary fuel to go much lower.
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