Recap Formed a bottom early in the week and rallied above Y+1 as expected. Did not quite reach the upside target. Closed the week above Y+1 and at the top of the range.
Outlook As long as Y+1 downto B-0 is acting as support, Y+2 and B+2 in play.
Lawrence's Comment
Recap
As oppose to just move up to B+3 target area, NQ simply gap above B+1, forcing a fierce short cover rally in the beginning of the week. Then ...
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Lawrence's Comment
Recap
Aussie moved under Y-1 as expected and attempts to pop it higher was seen without touching Y-2. Yet there was no strength to push Assuie higher to clear the ...
Lawrence's Comment
Recap
Aussie capped by monthly level resistance while finding support at weekly level. Hence trapped within Y-1 and Y+1. Closed the week below Y-0 and midpoint.
Outlook
Breakout mode with ...
GBPUSD Jul 25 to Jul 29 Outlook
Lawrence’s Comment
Formed a bottom early in the week and rallied above Y+1 as expected. Did not quite reach the upside target. Closed the week above Y+1 and at the top of the range.
Outlook
As long as Y+1 downto B-0 is acting as support, Y+2 and B+2 in play.
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