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ContentReviewEuro Not the Time to Touch ItS&P Delaying the Inevitable Means a Steeper Correction AheadGold Shaping Up for More UpsideBig Picture SummaryReviewEuro another try to break the channel resistance. Outcome ...READ MORELawrence's Comment Recap Consolidation week at reduced range trapped inside Y-1 to Y-0. Closed the week below Y-0 and above midpoint. Outlook BOJ indeed doing what they claimed and no one dares ...READ MORELawrence's Comment Recap Gold held up fine and moved higher, that gave Aussie strong support to consolidate around Y+1. Closed the week above Y+1 and midpoint. Outlook As long as gold can continue to ...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 MORELawrence's Comment Recap Y-0 failed to act as support right from the start of the week. Dropped to Y-1 since and then breakdown to Y-2. Closed the week below Y-2 and near ...READ MORENasdaq 100 May 08 to May 12 OutlookMBO Issue 95 (Nov 2019) Time to SellUSDJPY Feb 23 to Feb 27 OutlookGBPUSD Apr 22 to Apr 26 OutlookAUDUSD Feb 17 to Feb 21 Outlook3DP Odds Table (GBPUSD) 2014-12-153DP Odds Table (GBPUSD) 2011-11-21Precog Vision – Forex 2018-7-18Weekly Cycle Projection (GBPUSD) 2015-05-11S&P 500 Dec 14 to Dec 18 Outlook
As Featured In
GBPUSD Feb 29 to Mar 04 Outlook
Lawrence’s Comment
Breakdown play to Y-2 and then Y-3 normal target materialized. 1.40 round number turned into resistance. Closed the week below Y-3 and near week low.
Outlook
For short term bottom, cable has to complete a FBO against B-1 to get a better chance at clearing B-0. Strong downside momentum means it is better to focus on the short side for now.
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