Recap Euro consolidated around Y-1 instead of finding support there. The inability to have at least one clean 1-2-3 off Y-1 was the clue. Closed the week below Y-1 and midpoint.
Outlook Bulls need to clear B-0 and that it turns into support before a more significant bounce can happen.
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
Recap of Last Week Tight range due to absolute expansion from prior week tagging range of first week of the month/year. Closed the week below midpoint and also prior ...
Lawrence's Comment
Recap
Y-0 support sent NQ higher to test Y+1. Failed to clear it and dropped back down to normal target of Y-1. Got Y-1 and consolidated since. Closed the week ...
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 10 to Nov 14 Outlook
Lawrence’s Comment
Euro consolidated around Y-1 instead of finding support there. The inability to have at least one clean 1-2-3 off Y-1 was the clue. Closed the week below Y-1 and midpoint.
Outlook
Bulls need to clear B-0 and that it turns into support before a more significant bounce can happen.
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