Trading Edges That Last
- You May Also LikeFor 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 scheduleREAD MORE
Lawrence's Comment Recap As expected Ninja popped slightly higher and stalled. Consolidation with 50% range. Closed the week above Y-0 and belo w midpoint. Outlook It takes time to absorb the rally. ...READ MOREFor 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 scheduleREAD MOREForex majors has a very consistent characteristics across them all. Namely, the likelihood of tagging the midpoint of a week in the week right after. The overall statistics across all ...READ MOREEURUSD Nov 28 to Dec 02 OutlookUSDCAD Jul 03 to Jul 07 OutlookPrecog Vision – Forex 2015-2-20USDJPY Jul 27 to Jul 31 OutlookUSDCAD Jan 21 to Jan 25 OutlookPrecog Vision – Forex 2022-12-30Intraday Cycle Projection (AUDUSD) 2016-05-24Intraday Cycle Projection (AUDUSD) 2013-06-14Forex Weekly Bias: Range Expansion vs. Midpoint ProbabilityEURUSD Feb 06 to Feb 10 Outlook
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.
Share