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Lawrence's Comment Recap Y-0 resistance gave us test of Y-1 and it was cleared with the added bonus of clearing the support trend line formed over the past 2 weeks. Normal target ...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 MOREUS Dollar made a move against Canadian Dollar (Loonie) last week. Loonie forced to test its highest level over past 10 years. To put it in perspective, we are ...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 MORE3DP Odds Table (EURUSD) 2023-02-20USDJPY Jun 30 to Jul 04 OutlookPrecog Vision – Forex 2011-7-4The Benefit of US Dollar RallyNasdaq 100 Dec 26 to Dec 30 Outlook3DP Odds Table (EURUSD) 2011-07-183DP Odds Table (EURUSD) 2011-07-20USDJPY Dec 25 to Dec 29 OutlookIntraday Cycle Projection (EURUSD) 2021-01-26Precog Vision – Forex 2019-9-24
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EURUSD Nov 26 to Nov 30 Outlook
Lawrence’s Comment
Y-0 acted as support since the start of the week and a spike down from Y+1 failed to clear that resulting in a very powerful short squeeze. Y+3 cleared by Friday when trading was very thin due to Thanksgiving holiday. Closed the week near week high above Y+3.
Outlook
As suspected in past 2 weeks, 1.26 is so critical that it is defended with all out news on deals after deals to delay the inevitable. This week if euro fails to close above B-0, it will be a confirmed FBO and we will get a quick flush back down to B-2 in weeks to follow.
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