Lawrence's Comment
Recap
Aussie spiked below Y-1 and snapped back up above without tagging Y-2 first. Y-1 turned into support sending Aussie back up to Y-0. Closed the week below Y-0 and ...
Lawrence's Comment
Recap
I am correct that NQ has a consolidation week - choppy move back down to Y-0 pretty much sums up the story. NFP report caused an upside breakout of ...
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
Euro consolidated between Y+2 (the crime scene before the last flush) and Y-0 (wedge breakout support). Y+1 / 1.10 did not act as support hence no short term trend ...
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 Nov 10 to Nov 14 Outlook
Lawrence’s Comment
Cable just dropped to the downside target. Hard to ask for more. Closed the week below Y-1 and midpoint.
Outlook
Cable need to find support at B-1 before it can go higher. Until Y-1 / B+1 is cleared daily down trend in force.
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