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
Cable trapped within previous week range all week. Not even FOMC announcement can push it out of the range. Closed the week above Y-0 and midpoint.
Outlook
Hourly inverse ...
EURUSD May 16 to May 20 Outlook
Lawrence’s Comment
Sold off from resistance mentioned last week down to Y-2 target. Closed the week below Y-1 and near week low.
Outlook
Breaking below B-1 without testing B-0 first points to waterfall effect in play with target at B-3 and below.
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