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 held the close from the week before last and drifted up slowly. It cleared Y-0 and tried to zoom higher. Then the news shock came and sent it ...
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
Tight range expectation did not work out thanks to sudden weaknesses in US dollar. 100% absolute range expansion stopped Dow from going higher. Closed the week below Y-0 and ...
Lawrence's Comment
Recap
Dropped to B-2 with 1.31 not acting as support at all. This gives way to 1.30 round number and below. Closed the week below Y-2 and near week low.
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GBPUSD Nov 25 to Nov 29 Outlook
Lawrence’s Comment
Consolidated below Y+1. Sellers failed to push cable lower. Breakout to the upside at the end. Closed the week above Y+1 and near week high.
Outlook
Upside breakout confirmed. As long as Y+1 / B-0 acting as support, cable can go higher with B+2 target.
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