Trading Edges That Last
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Lawrence's Comment Recap Consolidated around previous week close in reduced range. Situation in Ukraine put a leash on the majors. Closed the week below Y+1 and near midpoint. Outlook Volatility should pick up later ...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 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 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 MOREIntraday Cycle Projection (EURUSD) 2016-06-01Intraday Cycle Projection (EURUSD) 2022-01-213DP Odds Table (EURUSD) 2017-01-02Precog Vision – Forex 2016-9-2Nasdaq 100 Dec 16 to Dec 20 OutlookPrecog Vision – Forex 2023-5-2USDCAD Mar 17 to Mar 21 OutlookPrecog Vision – Forex 2015-12-15Precog Vision – Forex 2012-3-5Precog Vision – Forex 2021-10-8
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EURUSD Aug 26 to Aug 30 Outlook
Lawrence’s Comment
Consolidated around Y+1 all week. No real direction. Closed the week below Y+1 and above midpoint.
Outlook
As mentioned last week, euro on weekly close basis as long as it cannot clear Y+1, it is likely a daily level swing top is in place. Euro just closed near Y+1 to keep us guessing.
At this point a short term sell setup at 1.34 area will take euro back down to B-2.
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