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 Y-0 acted as support and Aussie zoomed up above Y+1. Closed the week at around Y+1. Outlook If Y+1 to B+1 turning into resistance, we likely get a selloff back ...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 MOREEURUSD Jan 31 to Feb 04 OutlookIntraday Cycle Projection (GBPUSD) 2014-02-27S&P 500 Dec 05 to Dec 09 OutlookPrecog Vision – Forex 2017-5-11Intraday Cycle Projection (GBPUSD) 2019-01-22Weekly Cycle Projection (GBPUSD) 2023-02-06Intraday Cycle Projection (GBPUSD) 2022-12-30AUDUSD Jan 02 to Jan 06 OutlookPrecog Vision – Forex 2013-6-5AUDUSD Sep 16 to Sep 20 Outlook
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GBPUSD Dec 30 to Jan 03 Outlook
Lawrence’s Comment
Another pair that started out with a quiet week led to an explosive upside stop run. Closed the week near Y+1 and above midpoint.
Outlook
2nd time spike higher trying to clear the 1.65 area yet failed to close above the resistance level at Y+1 / 1.65. The intention is not clear at this point due to low volume.
Next week is still part of the holiday season making it not a good time to trade aggressively.
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