Trading Edges That Last
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Lawrence's Comment Recap ES failed to clear 1650 and dropped down to the gap below as expected. Multiple 75% swings producing a triangle pattern on 30-min. Closed the week below Y-0 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) 2011-9-16Intraday Cycle Projection (AUDUSD) 2011-04-29Precog Vision – Forex 2013-7-25EURUSD Feb 05 to Feb 09 Outlook3DP Odds Table (AUDUSD) 2021-05-20Weekly Cycle Projection (AUDUSD) 2017-04-173DP Odds Table (AUDUSD) 2017-12-19S&P 500 Jun 17 to Jun 21 OutlookPrecog Vision – Forex 2022-3-31Intraday Cycle Projection (AUDUSD) 2015-12-24
As Featured In
AUDUSD Sep 15 to Sep 19 Outlook
Lawrence’s Comment
Aussie breached Y-0 and gave us a nice drop to Y-1. Failed to hold Y-1 and broke down to Y-2 and then Y-3 before it could bounce. Y-2 resistance sent it down to Y-4 eventually. Closed the week below Y-4 and near week low.
Outlook
Gold’s weaknesses foretell this pullback in Aussie a week ago. The extension to Y-4 was a surprise. Weekly trend is now down. B-0 strong resistance with lower price level expected early next week. Even if Aussie goes into consolidation, it will be wild swings both ways.
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