Recap News shock moved the pair wildly and that led to G7 intervention. Closed the week below Y-2.
Outlook There are still too many variables affecting the short term (hourly) volatility. Not a good idea to trade on this pair until the current crisis settledown.
Lawrence's Comment
Recap
Similar to Dow and Nasdaq, ES did nothing much during the week. Closed the week at midpoint.
Outlook
Unlike Dow or Nasdaq, ES has a clear overbought breadth reading ...
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
USDJPY Mar 21 to Mar 25 Outlook
Lawrence’s Comment
News shock moved the pair wildly and that led to G7 intervention. Closed the week below Y-2.
Outlook
There are still too many variables affecting the short term (hourly) volatility. Not a good idea to trade on this pair until the current crisis settledown.
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