Recap Sold off to the target area and then bounced back to Y-1 first and eventually Y-0. Closed the week at Y-1 near midpoint.
Outlook Weak rally and stalled at Y-0 indicates weaknesses is likely to carry over into this week. B+1 will be difficult resistance to break above. Retest of B-1 is likely.
Recap
Rallied a bit stronger than expected in beginning of the week. Still sold off to target B-1 area. Closed the week below previous week close.
Outlook
Weaknesses in internals is very ...
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
Y-0 resistance dropped NQ below Y-1. Yet it was not supported by other indices. FBO against Y-1 forced a test of Y-0 and gap push above Y+1. Closed the ...
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 10 to Oct 14 Outlook
Lawrence’s Comment
Sold off to the target area and then bounced back to Y-1 first and eventually Y-0. Closed the week at Y-1 near midpoint.
Outlook
Weak rally and stalled at Y-0 indicates weaknesses is likely to carry over into this week. B+1 will be difficult resistance to break above. Retest of B-1 is likely.
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