Recap Consolidation as expected in tight range. Cable simply sit at equal distance from Y-0 waiting for something to move it. Closed the week near Y-0 and midpoint.
Outlook Inside week tight range gives us breakout play. B+3 / B-3 breakout targets.
Lawrence's Comment
Recap
Consolidated around previous week close in reduced range. Situation in Ukraine put a leash on the majors. Closed the week below Y+1 and near midpoint.
Outlook
Volatility should pick up later ...
Lawrence's Comment
Recap
The now routine Monday gap helped Dow to hold the close from the week prior and zoomed up to almost Y+1. That did not change the breadth bias to ...
Lawrence's Comment
Recap
As explained last week, NQ likely test the nearest support below first. It did and attempted to take on Y+1 after Dow made its FBO against its Y-1. But ...
Lawrence's Comment
Recap
Consolidation around Y-0. Tight range week. Closed the week above Y-0 and midpoint.
Outlook
Inside week strong close. Breakout mode with upside advantage. Target B+3 and above.
Lawrence's Comment
Recap
After completing the 100 points dash to above 2100 (the actual bottom is not visible on the chart because it happened during overnight actions), unloading started and FBO against ...
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 Mar 30 to Apr 03 Outlook
Lawrence’s Comment
Consolidation as expected in tight range. Cable simply sit at equal distance from Y-0 waiting for something to move it. Closed the week near Y-0 and midpoint.
Outlook
Inside week tight range gives us breakout play. B+3 / B-3 breakout targets.
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