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
Recap of last week Flushed down as expected, tagged the previous month 2x downside target (good!) but not tagging the 50% weekly expansion target to the downside and reversed ...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 No pullback and no gap fill right off the start of the week. Price simply jump through every resistance levles above by gaps. Closed the week above Y+4 and ...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 MOREHot n Cold (AUDUSD) 2019-2-8Intraday Cycle Projection (AUDUSD) 2023-04-13Precog Vision – Forex 2019-8-15EURAUD Week of Nov 15th to 19th OutlookPrecog Vision – Forex 2017-8-243DP Odds Table (AUDUSD) 2017-09-12S&P 500 Jul 15 to Jul 19 OutlookIntraday Cycle Projection (AUDUSD) 2022-02-03Intraday Cycle Projection (AUDUSD) 2022-03-08Precog Vision – Forex 2017-11-27
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AUDUSD Apr 14 to Apr 18 Outlook
Lawrence’s Comment
Bullish scenario unfolded. Held Y-0, gave us Y+2 and no pullback since as gold strengthen at the same time. Aussie could not stop going higher until 200% range expansion. Stalled immediately back to midpoint. Closed the week above Y+2 and midpoint.
Outlook
The tension build up in Ukraine is a surprise to many hence the rush to gold and the metal currencies. Luckily they still followed the breakout rules closely.
Monday/Tuesday is critical whether Aussie will establish a swing top or bottom for the week. Swing bottom will allow Aussie to clear B+1 and run for B+2. Swing top means a drop back down to Y+1 likely.
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