Recap Y-1 held early in the week and then staged a higher low breakout to the upside. Tagged Y+2 by end of the week. Closed the week above Y+1.
Outlook Bull flag breakout to the upside points to retesting the Y+3 area. As long as B-0 is acting as support, looking for higher price level coming week.
Lawrence's Comment
Recap
A very funny week across all major pairs including this pair. The drift up early in the week is the classic 3 Pushes Up move to tag ...
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
Lawrence's Comment
Recap
As expected intervention triggered. But at least half of that disappeated by Friday close.
Outlook
This week due to the S&P downgrade, potential Fed and G8 inventions will throw all ...
Lawrence's Comment
Recap
Text book pullback to Y-0 and rallied to 200% expansion target. Hope everyone who have read the outlook from last week hopped on the train.
Outlook
B+1 is target ...
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 Oct 08 to Oct 12 Outlook
Lawrence’s Comment
Y-1 held early in the week and then staged a higher low breakout to the upside. Tagged Y+2 by end of the week. Closed the week above Y+1.
Outlook
Bull flag breakout to the upside points to retesting the Y+3 area. As long as B-0 is acting as support, looking for higher price level coming week.
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