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 drifted higher around Y+1. Closed the week above Y+1 and midpoint.
Outlook
Completely artificial rally since 3 weeks ago by empty promises from ECB. A tight up channel is visible ...
Lawrence's Comment
Recap
Further weaknesses as expected. Consolidated right below Y-1. Closed the week below Y-1 and midpoint.
Outlook
Last week was holiday week, thus the bear flag formation is less reliable. ...
Lawrence's Comment
Recap
Dow updrift / seasonal took it to upside target of Y+2. Stalled since. Closed the week above Y+1 and midpoint.
Outlook
Seasonal strength ended last week. Low volume environment can work ...
USDJPY Dec 26 to Dec 30 Outlook
Share