Trading Edges That Last
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Lawrence's Comment Recap Momentum carried Aussie lower to Y-2 as expected. No spike low, just drift back up from Y-2 to week mid. Closed the week below Y-1 and near midpoint. ...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 MORELawrence's Comment Recap Consolidation around Y-0. Tried hard to hold Y-0 early in the week but failed. Leading to a move down to equal distance below Y-0. There was no panic selling ...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 MORELawrence's Comment Recap Dow elected to go higher and cleared the neckline as mentioned last week. This led to short squueze action as predicted by custom breadth forecast. Closed the week above ...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 MOREAUDUSD Jul 13 to Jul 17 OutlookPrecog Vision – Forex 2011-3-13Dow 30 Nov 06 to Nov 10 OutlookGBPUSD Jul 26 to Jul 30 OutlookUSDJPY Feb 25 to Mar 01 OutlookUSDCAD Oct 18 to Oct 22 OutlookPrecog Vision – Forex 2015-1-15Dow 30 Feb 22 to Feb 26 OutlookPrecog Vision – Forex 2022-7-19Intraday Cycle Projection (GBPUSD) 2012-06-04
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GBPUSD Mar 03 to Mar 07 Outlook
Lawrence’s Comment
The easy play of the week. Cable dropped below Y-1 and snap back up immediately gave us the long setup. Steady up drift. Closed the week above Y-0 and midpoint.
Outlook
Not the strongest rally one would like to see. Now that war is throw into the mix. It will be difficult to get a follow through from here.
Looking for sideway actions until the war in Ukraine is over.
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