Recap Bounced off 1.00 par level on first test as expected. Yet, once the precious metals started to rally, US dollar is crushed. Closed the week below 1.00 and near the low of the week.
Outlook As long as par level acts as resistance, the lower support price zone of Y-3 will be tagged.
ContentReviewEuro Right Shoulder Support CrumbledS&P Seasonal Correction BeginsGold on Track Going HigherBig Picture SummaryReviewEuro failed to hold the 1.12 area support and flushed to my target 1.104 area.S&P topped out ...
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
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
As expected ninja consolidation within Y-0 and Y+1 first. Once Y-0 was breached, we get a go for Y-1. Y-1 tagged and breached by a flush. Closed the week ...
Lawrence's Comment
Recap
Bearish expectation played out nicely. NQ simply failed to clear previous week close and dropped from there back down to Y-0. Once Y-0 is cleared, it turned into all ...
USDCAD Oct 31 to Nov 04 Outlook
Lawrence’s Comment
Bounced off 1.00 par level on first test as expected. Yet, once the precious metals started to rally, US dollar is crushed. Closed the week below 1.00 and near the low of the week.
Outlook
As long as par level acts as resistance, the lower support price zone of Y-3 will be tagged.
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