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Lawrence's Comment Recap The weakest out of the 3 major indices, still rallied all its way until 200% absolute range expansion was completed. Closed the week at Y+2. Outlook The failure to take ...READ MORELawrence's Comment Recap Breakout to the upside. Tagged Y+3 target and then Y+4 stopped the run. Closed the week near Y+3. Outlook Euro back to longer term resistance area. If Euro failed ...READ MORELawrence's Comment Recap Pullback to Y-1 as expected. Found support and zoomed back up until 100% absolute range expansion. Closed the week near Y-0 and midpoint. Outlook Normal pullback in progress. Holding Y-0 / ...READ MORELawrence's Comment Recap The rising wedge broke out to the upside and turned into an up channel. The upside breakout gave us Y+2 quickly. After fed announcement, Dow made a ...READ MOREHot n Cold (AUDUSD) 2012-10-18S&P 500 Jul 25 to Jul 29 OutlookIntraday Cycle Projection (AUDUSD) 2013-10-17EURUSD Aug 27 to Aug 31 Outlook3DP Odds Table (AUDUSD) 2019-08-14Dow 30 Nov 13 to Nov 17 OutlookIntraday Cycle Projection (AUDUSD) 2012-02-06Dow 30 Jun 19 to Jun 23 OutlookAUDUSD Jun 23 to Jun 27 OutlookDow 30 Dec 17 to Dec 21 Outlook
As Featured In
AUDUSD Aug 04 to Aug 08 Outlook
Lawrence’s Comment
Directional break down from Y-0 resistance. Tagged Y-2 and bounced. Took 2 more tries below Y-2 before a strong bounce could materialize. Closed the week near Y-2 and below midpoint.
Outlook
The assessment of more weaknesses in Aussie is correct and a drop to weekly support is now necessary before Aussie can stage a better longer term bottom. Weekly support below B-2.
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