Trading Edges That Last
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Lawrence's Comment Recap As stated last week, there would be limited potential to stretch further as that has proven correct. Closed the week near Y-0. Outlook Last week was not weak enough 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 MORELawrence's Comment Recap Dow tried hard to stay above Y+1 and its failure to do so led to a pullback capped by 50% previous week range. Strong rally off the support brought ...READ MORELawrence's Comment Recap Forced itself to breakout upside but obviously it has no support underneath at all and snapped back to the week low once it failed to hold above Y+1. Outlook Our ...READ MOREPrecog Vision – Forex 2011-6-223DP Odds Table (EURUSD) 2013-09-043DP Odds Table (EURUSD) 2017-06-16Dow 30 Feb 13 to Feb 17 OutlookPrecog Vision – Forex 2018-12-10Intraday Cycle Projection (EURUSD) 2014-12-26GBPUSD Oct 14 to Oct 18 OutlookDow 30 Oct 19 to Oct 23 Outlook3DP Odds Table (EURUSD) 2015-03-11USDJPY Jul 11 to Jul 15 Outlook
As Featured In
EURUSD Nov 23 to Nov 27 Outlook
Lawrence’s Comment
Y-0 resistance sent Euro lower. Y-1 not strong support as explained last time. Euro found support after 100% absolute range expansion to the down side. Strong bounce back up to Y-0 and rejected. Closed the week below Y-1 and midpoint.
Outlook
A push down to test 1.06 is in the making. The question is whether Euro zone will do something about it. The emergency meeting called by the Fed and other central bankers this Sunday é Monday may produce a lot of surprises to the trading communities.
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