Recap Steady decline from below Y-0 resistance. Testing long term support 1.12 from below and failed to clear it. Closed the week below Y-1 and near week low.
Outlook Down trend intact. Brexit focus means potential test of monthly support near 1.00.
Lawrence's Comment
Recap
Dow pullback from Y+1 down to Y-0 was expected and unfolded early in the week. When it fails to hold Y-0, the drop turned into all out sell off ...
Lawrence's Comment
Recap
NQ tried very down in the beginning of the week to hold onto Y+1 as support, yet Dow was so weak, it dragged NQ and ES along back down. ...
Lawrence's Comment
Recap
Dow gapped higher on news related to Brexit. News driven market all the way right up to Brexit. Brexit led to gap down on Friday to Y-1 and sparked ...
EURUSD May 30 to Jun 03 Outlook
Lawrence’s Comment
Steady decline from below Y-0 resistance. Testing long term support 1.12 from below and failed to clear it. Closed the week below Y-1 and near week low.
Outlook
Down trend intact. Brexit focus means potential test of monthly support near 1.00.
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