Lawrence's Comment
Recap
Test of Y-1 as expected. Y-1 support all week. Closed the week near Y-1 and below midpoint.
Outlook
2nd consolidation week with weak close is bearish. Until B-0 turning ...
ContentReviewEuro at Risk of Going Much LowerS&P Enters a Prolonged Consolidation PeriodGold Setting Up for Two Opposite ScenariosBitcoin Normalization Still In Progress10-Year Note Yield Almost ThereBig Picture SummaryReviewEuro got its ...
Lawrence's Comment
Recap
NQ was the index out of the three that played nice as it followed the normal consolidation behaviour instead of charging higher. Closed the week below Y+1 and above ...
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
EURUSD Nov 02 to Nov 06 Outlook
Lawrence’s Comment
More downside as expected. 50% range bounded the price actions. Closed the week near Y-1 and midpoint.
Outlook
Consolidation around Y-1 points to continuation of current trend likely. So a break of B-1 and moving down to B-2 / Y-2 and below is likely.
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