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 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 MORE
Lawrence's Comment Recap Target of 1.20 tagged early in the week. Then SNB mess sent this back down to Y-0 support. A squeeze was launched with parabolic target at Y+3 tagged by ...READ MORELawrence's Comment Recap Consolidation as expected. Centered around Y+1 instead of previous week close as Dow gapped up to Y+1 at the start of the week. Closed the week above Y+1 and ...READ MORELawrence's Comment Recap Got the breakout to the upside early in the week and the spike low in the middle of the week never breached Y-0. The nice surprise is ...READ MOREUSDCAD Dec 17 to Dec 21 OutlookPrecog Vision – Forex 2011-12-12Precog Vision – Forex 2014-8-12USDCAD Jan 19 to Jan 23 OutlookDow 30 Sep 01 to Sep 05 OutlookHot n Cold (EURUSD) 2019-5-3GBPUSD Nov 29 to Dec 03 OutlookGBPUSD Nov 26 to Nov 30 Outlook3DP Odds Table (EURUSD) 2015-04-29Weekly Cycle Projection (EURUSD) 2018-09-10
As Featured In
EURUSD Oct 13 to Oct 17 Outlook
Lawrence’s Comment
Euro rallied from Y-1 as expected and cleared Y-0 in 1 go. The counter-trend rally was triggered as mentioned last week zooming it back up to near 1.28 before stalling. Closed the week near Y-0 and below midpoint.
Outlook
Euro rejected above Y+1 and 1.28 decisively. It will be difficult to clear Y+1 again until a proper bottom on 4 hours is formed.
As long as euro cannot clear Y+1 we are looking for a retest of Y-1.
Share