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
Y-1 did not hold, Range expansion kicked in with Y-3 target tagged quickly. Y-3 rejected with Y-1 cleared with a gap. Y-0 capped the run and force a drop ...
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
As expected, Aussie stays weak and failed to clear Y-0. Dropped below Y-1 and stopped at equal distance off previous week close. Closed the week near Y-1 and below ...
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 May 09 to May 13 Outlook
Lawrence’s Comment
The expected run towards 1.15 resulted in a spike reversal at Y+2. Closed the week below Y+1 and near week low.
Outlook
Very strong resistance Y+1 / B-0 with B-2 in play.
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