Trading Edges That Last
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Lawrence's Comment Recap The slight weekly bias towards the upside gave cable a boost to Y+3. Then fiscal cliff deal changed everything sending cable back down to Y-2. Closed the week ...READ MOREGBPUSD Dec 29 to Jan 02 Outlook3DP Odds Table (EURUSD) 2022-04-01GBPUSD Oct 05 to Oct 09 OutlookPrecog Vision – Forex 2019-5-153DP Odds Table (EURUSD) 2019-10-07Hot n Cold (EURUSD) 2013-3-29Precog Vision – Forex 2020-7-7GBPUSD Jan 07 to Jan 11 Outlook3DP Odds Table (EURUSD) 2014-11-143DP Odds Table (EURUSD) 2015-10-07
As Featured In
EURUSD Sep 01 to Sep 05 Outlook
Lawrence’s Comment
Gapped below 1.32 and never made it back above. End of week dumping led to normal target Y-2. Closed the week near Y-2 and week low.
Outlook
More down side expected. Consolidation week after range expansion week ended up closing at the low is bearish.
Potential short term bottom between Y-3 to B-2 could be formed if euro flushes down there quickly and snap back up. A bottom in that zone points to B+1 and above likely.
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