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Lawrence's Comment Recap Aussie unfolded exactly as expected. Bounced back to Y-0 and stalled from there since. Retest of Y-1 happened at the end of the week. Closed the week at ...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 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 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 Start of the week held up well around the close. Y+1 upside break out gave us the Y+2 target. Y+2 tagged and a pullback started. Dow gapped lower to ...READ MORELawrence's Comment Recap Just like the forex majors, Dow jumped higher right from the start and stayed there til Fed announcement. The odd thing though, is that the jump did not result ...READ MORE3DP Odds Table (EURUSD) 2021-12-293DP Odds Table (EURUSD) 2014-12-04AUDUSD Oct 03 to Oct 07 Outlook3DP Odds Table (EURUSD) 2017-07-24Precog Vision – Forex 2016-1-22Precog Vision – Forex 2014-7-25Precog Vision – Forex 2011-6-9Dow 30 Feb 17 to Feb 21 OutlookUSDCAD Aug 26 to Aug 30 OutlookDow 30 Sep 23 to Sep 27 Outlook
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EURUSD Nov 24 to Nov 28 Outlook
Lawrence’s Comment
There is a data problem with the chart. The high made in the beginning of the week was just a little above Y+1. It was a FBO against Y+1 which immediately sent euro back down to the support trend line from past 2 weeks. 2nd attempt to clear Y+1 was stopped right at 1.26 round number level. This resulted in a strong bear flag break down sending euro below Y-1. Closed the week below Y-1 and near week low.
Outlook
November low will be challenged. Breaking that points to the all important 1.20 will be in play.
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