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Lawrence's Comment Recap Trapped in same range as in past several weeks. Then downside breakout happened. Closed the week near Y-1 and below midpoint. Outlook For the breakout to continue, Y-1 must ...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 1-2-3 sell off Y+1 on 4 hour points to Y-0 in play. Y-0 failed to act as support, giving us Y-1 target below. Flush later in the week tagged ...READ MORELawrence's Comment Recap FBO against Y+1 triggered all out dumping to Y-3. After a pause, the stop run sent cable down to 1.63. Closed the week below Y-5 and near week low. Outlook Cable ...READ MORELawrence's Comment Recap Gapped down to Y-1 yet Y-1 did not act as resistance nor support. That told us higher timeframes (comparing to weekly) at work. NQ was the one that ...READ MORES&P 500 Aug 01 to Aug 05 OutlookIntraday Cycle Projection (EURUSD) 2021-07-13GBPUSD Aug 10 to Aug 14 OutlookIntraday Cycle Projection (EURUSD) 2021-04-19Precog Vision – Forex 2021-5-4Nasdaq 100 Jan 02 to Jan 06 OutlookEURUSD Nov 27 to Dec 01 OutlookUSDCAD Sep 22 to Sep 26 OutlookGBPUSD Sep 08 to Sep 12 OutlookS&P 500 May 30 to Jun 03 Outlook
As Featured In
EURUSD Nov 09 to Nov 13 Outlook
Lawrence’s Comment
As expected Euro simply continue with its sell off down to Y-1 and then breaking it. Y-1 turned into resistance and sent Euro down to Y-3. Closed the week below Y-2 and near week low.
Outlook
Drop is still too controlled meaning more downside risk likely. Cannot rule out a sharp bounce back to B-0 if Euro stages a FBO against B-1 early in the week.
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