Recap Seasonal bearish bias kicked in at the right time and played out nicely into year end. Closed the week near Y-2 and week low.
Outlook Complicated situation as last week of the year does not have enough players expressing their opinions. Wait and see mode this first week of the week for directional clues.
Lawrence's Comment
Recap
Consolidation week with very thin volume. 50% previous week range bounded the activities. Closed the week above Y+1 and midpoint.
Outlook
Tight range week points to breakout mode in ...
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
Wild swings continues as expected. Dow flushed pretty much straight down after failing to clear Y-0. 150% range expansion stopped the drop and gave us a bounce beyond majority ...
Lawrence's Comment
Recap
Bear flag breakout like Dow. ES rallied higher to fill the open gap above and then stalled. Closed the week at Y-2 and above midpoint.
Outlook
As long as B+1 acting ...
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
GBPUSD Jan 04 to Jan 08 Outlook
Lawrence’s Comment
Seasonal bearish bias kicked in at the right time and played out nicely into year end. Closed the week near Y-2 and week low.
Outlook
Complicated situation as last week of the year does not have enough players expressing their opinions. Wait and see mode this first week of the week for directional clues.
Share