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
Lawrence's Comment
Recap
Was looking for further downside and we got that. Not quite tagging Y-3 as Dow stopped going lower when it reached 100% absolute range expansion. V-shape reversal since and ...
Lawrence's Comment
Recap
Found support at previous week close and took off to test Y+1. Held up near Y+1 at previous support and breakout to Y+2. Strong reaction there led to breaking ...
Lawrence's Comment
Recap
Sell formation not materialized. Breach of Y+1 earlier in the week points to breakout target of Y+2 and Y+3. That worked out well and closed the week at ...
GBPUSD Jan 11 to Jan 15 Outlook
Lawrence’s Comment
First week of the year found resistance at Y-0 and selloff down to Y-3. Closed the week near Y-3 and week low.
Outlook
USD strength across the board against the majors is the main theme on monthly basis. Strong resistance zone now defined at Y-1 upto Y-0 / B+1.
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