Trading Edges That Last
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Lawrence's Comment Recap The consolidation scenario unfolded. Whole week trapped within Y-1 to Y-0. Outlook As long as B+1 to Y-0 acts as resistance, B-1 will be retested. The week long consolidation means ...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 MORELawrence's Comment Recap Bullish bias worked out. Y-0 support gave us a test of Y+1. Closed the week near Y+1 and week high. Outlook Upside breakout points to B+2 and B+3. FBO ...READ MORELawrence's Comment Recap A forced flush down to Y-2. Closed the week at Y-1 and midpoint. Outlook Definitely trying hard to form a bottom here. The process, however, can take some time ...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 MOREWeekly Cycle Projection (AUDUSD) 2013-11-25GBPUSD May 23 to May 27 OutlookHot n Cold (AUDUSD) 2014-10-10Precog Vision – Forex 2019-9-25Intraday Cycle Projection (AUDUSD) 2018-11-12Precog Vision – Forex 2023-4-11Intraday Cycle Projection (AUDUSD) 2022-10-27USDCAD Aug 24 to Aug 28 OutlookUSDCAD Jul 23 to Jul 27 OutlookPrecog Vision – Forex 2014-6-24
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AUDUSD Oct 12 to Oct 16 Outlook
Lawrence’s Comment
Upside swing expectation played out. Y+2 and Y+3 tagged quickly turned the week into all out short squeeze. 200% range expansion reached. Closed the week above Y+4 and near week high.
Outlook
Gold strengthen played an important role in the performance of Aussie last week. The push to Y+3 was expected but the extra run to Y+4 was luck. FBO against B+1 will point to a pullback down to Y+3 / B-0 first. Consolidation after wide range week is normal.
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