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 MORE
Lawrence's Comment Recap Consolidation in 1st half of the week as expected. Spike to the upside paved way to Y+2 and then the breakout carried ninja to the target. Closed the week ...READ MORELawrence's Comment Recap Consolidation week before Memorial holiday is the norm and we got exactly that last week. Tight range consolidation around Y+1. Closed the week below Y+1 and midpoint. Outlook Mild ...READ MORELawrence's Comment Recap NQ went sideway with 3 pushes up in the beginning of the week. Before FOMC it started its normal move following 3 pushes up targeting week low and Y-1. ...READ MORELawrence's Comment Recap Euro tagged Y-1 and then rejected it on a retest, giving us the Y+1 target as mentioned last week. Euro zoomed through Y+1 and Y+2 quickly. Closed the week ...READ MOREPrecog Vision – Forex 2018-5-25Intraday Cycle Projection (AUDUSD) 2015-10-23Intraday Cycle Projection (AUDUSD) 2013-05-23USDJPY Feb 04 to Feb 08 OutlookDow 30 May 25 to May 29 OutlookHot n Cold (AUDUSD) 2014-9-12Nasdaq 100 Jun 23 to Jun 27 OutlookIntraday Cycle Projection (AUDUSD) 2018-05-03Nasdaq 100 Jan 21 to Jan 25 OutlookEURUSD Oct 21 to Oct 25 Outlook
As Featured In
AUDUSD Jul 06 to Jul 10 Outlook
Lawrence’s Comment
Y-0 resistance as expected giving us a perfect drop to below Y-2. Closed the week below Y-2 and near week low.
Outlook
Last part of the drop is partly stop run and partly panic from breaking of a strong support zone. The momentum will carry Aussie lower. If Aussie can spike low early next week, a consolidation week back up to 0.76 is possible.
Share