Recap A perfect consolidation week. Drifted up to resistance mentioned last week and then dropped down to support. Can’t ask for more. Closed the week below Y-0 and midpoint.
Outlook Inside week. Y-0 and B-0 near each other. Breakout mode in place.
Until Y+1 or Y-1 is breached, there will be no directional play.
It may take more than a few tries at the boundaries before they are finally breached.
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
ContentReviewEuro Long Term Up ChannelS&P Not Ready for Serious Correction YetGold Need a Reason to MoveBitcoin Hanging on a Thread10-Year Note Can’t LieBig Picture SummaryReviewEuro stunned and stuck at the ...
Lawrence's Comment
Recap
Can't be more easy than this last week out of the markets I traded - test of previous week high (Y+1) and failed pointing to a test of ...
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
A flush to Y-2 resulted in a quick bounce back above Y-1. That puts Y+1 in play. As mentioned last week, we are looking for a run ...
GBPUSD Feb 03 to Feb 07 Outlook
Lawrence’s Comment
A perfect consolidation week. Drifted up to resistance mentioned last week and then dropped down to support. Can’t ask for more. Closed the week below Y-0 and midpoint.
Outlook
Inside week. Y-0 and B-0 near each other. Breakout mode in place.
Until Y+1 or Y-1 is breached, there will be no directional play.
It may take more than a few tries at the boundaries before they are finally breached.
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