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Content Review Euro Daily Down Trend Established S&P Firming Up Gold Weaknesses Confirmed Big ...READ MORELawrence's Comment Recap Tight range choppy mess as expected and the projected move to near 120 happened twice. Closed the week above Y+1 and midpoint. Outlook The BOJ intention is clear, they ...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 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 ES did not flush lower hence produced a bounce weaker than expected and failed to tag the pullback minimal target. News shock selling dropped ES lower again to another ...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 MOREMBO Issue 78 (Jun 2018) Trade War: USUSDJPY Mar 02 to Mar 06 OutlookPrecog Vision – Forex 2022-8-313DP Odds Table (GBPUSD) 2018-05-01GBPUSD Apr 04 to Apr 08 OutlookWeekly Cycle Projection (GBPUSD) 2019-04-22Precog Vision – Forex 2015-12-30S&P 500 Jan 18 to Jan 22 OutlookPrecog Vision – Forex 2023-5-2Dow 30 Nov 15 to Nov 19 Outlook
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GBPUSD May 14 to May 18 Outlook
Lawrence’s Comment
News from Europe created a new wave of sell pressure across European currencies against US dollar. Cable was forced to break Y-1 leading to a flush to Y-2. Closed the week at its low and Y-2.
Outlook
Tricky juncture. Potential long term top in the making if Y+1 ended up being retested and rejected in a few weeks.
Next week, as long as B-1 can act as support, a run back up to B+1 is likely.
If cable flush below B-2 early in the week, B-0 will turn into strong resistance zone.
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