Trading Edges That Last
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Lawrence's Comment Recap Sold off to the target area and then bounced back to Y-1 first and eventually Y-0. Closed the week at Y-1 near midpoint. Outlook Weak rally and stalled at Y-0 ...READ MORELawrence's Comment Recap Consolidation with pullback to target mentioned last week. No real action until end of week tension increased between US and Russia. Closed the week near Y+1 and B+1. Outlook Above B+1 ...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 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 MOREPrecog Vision – Forex 2016-10-17USDJPY Nov 06 to Nov 10 OutlookEURUSD Oct 10 to Oct 14 OutlookAUDUSD Apr 07 to Apr 11 OutlookHot n Cold (AUDUSD) 2017-2-3Precog Vision – Forex 2015-1-19Nasdaq 100 Mar 16 to Mar 20 OutlookPrecog Vision – Forex 2012-3-28Intraday Cycle Projection (AUDUSD) 2011-12-02Weekly Cycle Projection (AUDUSD) 2014-01-20
As Featured In
AUDUSD Dec 15 to Dec 19 Outlook
Lawrence’s Comment
Aussie moved under Y-1 as expected and attempts to pop it higher was seen without touching Y-2. Yet there was no strength to push Assuie higher to clear the Y-0 resistance. Consolidation around week open in tight range. Closed the week below Y-1 and midpoint.
Outlook
Consolidation after strong selling points to continuation to the downside. Until B+1 is cleared we do not have a case for bottom. Next target B-2 to the downside is likely.
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