Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Not even tagging 1.05 and stalled right off previous week high. Dropped down to Y-1 and bounced back to Y-0. Closed the week below midpoint. Outlook Pullback as expected. ...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 MOREAUDUSD Oct 09 to Oct 13 Outlook3DP Odds Table (EURUSD) 2021-05-26USDCAD Jun 11 to Jun 15 OutlookUSDCAD May 04 to May 08 OutlookPrecog Vision – Forex 2016-9-20Hot n Cold (EURUSD) 2018-11-233DP Odds Table (EURUSD) 2011-09-09Weekly Cycle Projection (EURUSD) 2021-02-013DP Odds Table (EURUSD) 2022-11-043DP Odds Table (EURUSD) 2012-03-30
As Featured In
EURUSD Apr 06 to Apr 10 Outlook
Lawrence’s Comment
Euro dropped to Y-1 and found support right below. 4 hour bottom from there sent euro back up to near Y+1. Euro paused when it reached 100% absolute range expansion. Closed the week above Y-0 and midpoint.
Outlook
End of week action looks more like stop run than real buying. Until Y+1 is cleared, it is still strong resistance that can send euro back down to Y-0 / B-0 first.
Share