Trading Edges That Last
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Lawrence's Comment Recap Formed a top right within the expected zone as mentioned last week and got the significant pullback I was looking for. Closed the week below Y-1 and at week ...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 the yearly breakout level. Closed the week below Y-0 and near week low. Outlook Inside week points to breakout mode. Longer term support at 1.28 and slightly ...READ MOREEURUSD Feb 11 to Feb 15 OutlookGBPUSD Nov 30 to Dec 04 OutlookPrecog Vision – Forex 2023-5-23DP Odds Table (EURUSD) 2016-06-103DP Odds Table (EURUSD) 2016-04-26Weekly Cycle Projection (EURUSD) 2016-01-01Intraday Cycle Projection (EURUSD) 2023-04-25Intraday Cycle Projection (EURUSD) 2018-05-16Dow 30 Oct 12 to Oct 16 OutlookUSDCAD Apr 11 to Apr 15 Outlook
As Featured In
EURUSD Jul 07 to Jul 11 Outlook
Lawrence’s Comment
Easiest play last week. Euro tagged Y+2 which was also the up channel resistance. It then pullback to Y+1 and failed to hold there. Flushed towards Y-1. Closed the week below Y-0 and near week low.
Outlook
Wide range reversal with weak close. Potential down trend on weekly in place. As long as euro fails to close above B-0 on weekly basis, more downside is coming. May take several weeks to get down to B-3 depending on what happens in the other related markets.
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