Trading Edges That Last
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Lawrence's Comment Recap Consolidation around previous week close. Trapped between Y+1 and Y-0. Closed the week near Y-0 and B-1. Outlook Still trapped within the same range over the past several weeks. ...READ MORELawrence's Comment Recap Y-1 to Y-0 has acted as resistance so far this week as price failed to move outside of this range. Outlook If a sell formation shows up in B-0 to ...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 MOREIntraday Cycle Projection (EURUSD) 2021-05-20Dow 30 Mar 05 to Mar 09 OutlookUSDCAD Jul 04 to Jul 08 OutlookS&P 500 Jan 21 to Jan 25 OutlookGBPUSD Apr 04 to Apr 08 OutlookIntraday Cycle Projection (EURUSD) 2021-10-143DP Odds Table (EURUSD) 2015-01-21Precog Vision – Forex 2022-4-5Precog Vision – Forex 2020-7-1Hot n Cold (EURUSD) 2011-6-3
As Featured In
EURUSD Dec 22 to Dec 26 Outlook
Lawrence’s Comment
Euro FBO against Y+1 in thin trading environment gave us a go for the selloff target Y-1. No pullback whatsoever, Y-1 tagged by the end of the week. Closed the week below Y-1 and near week low.
Outlook
Weaknesses going into year end can lead to more selling, although not necessary flush like action as in last week. Holiday mode will limit the actions. Normal year end range is usually trapped within 150 pips.
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