Trading Edges That Last
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Lawrence's Comment Recap Failed to hold Y-1, got the flush to Y-3 as expected. Closed the week below midpoint and near Y-2. Outlook Daily uptrend is now broken. As long as B-0 ...READ MORELawrence's Comment Recap No surpirse at all - pulled back to Y-0. Found support and then push back up to test Y+1. Did not clear it and stalled. Closed the week near ...READ MORELawrence's Comment Recap The selloff in the beginning of the week failed to produce a lower low to break the up trend. Rallied to new high by midweek due to ...READ MORELawrence's Comment Recap As expected, higher price level was reached. 1.05 was an important price level for the pair before it dropped below 1.0. Without much pullback, 1.05 was tagged at ...READ MORELawrence's Comment Recap Found support at previous week close and took off to test Y+1. Held up near Y+1 at previous support and breakout to Y+2. Strong reaction there led to breaking ...READ MOREPrecog Vision – Forex 2021-2-193DP Odds Table (AUDUSD) 2013-06-28Dow 30 Oct 01 to Oct 05 Outlook3DP Odds Table (AUDUSD) 2014-07-17EURUSD Sep 30 to Oct 04 OutlookS&P 500 Oct 24 to Oct 28 OutlookUSDCAD Oct 03 to Oct 07 OutlookEURUSD Sep 12 to Sep 16 OutlookNasdaq 100 Nov 07 to Nov 11 OutlookWeekly Cycle Projection (AUDUSD) 2013-11-18
As Featured In
AUDUSD Aug 19 to Aug 23 Outlook
Lawrence’s Comment
Consolidation with 50% week range as expected. Failed to consolidate around Y+1 and trapped between Y-0 and Y+1 instead. Closed the week below Y+1 and above midpoint.
Outlook
Gold struggling at its resistance zone, so Aussie do not have the necessary fuel to go higher.
Since gold is testing a critical resistance zone at the moment, Aussie may easily overshoot to both the upside and downside on any violent movement from gold. Will stay away from Aussie myself until gold give me a direction to lean on.
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