Trading Edges That Last
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Lawrence's Comment Recap Failed to clear resistance mentioned last week. Tagged Y-2 downside target by end of the week. No surprise and easy week. Closed the week near week low and Y-2. Outlook Slow ...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 Y+1 resistance sent Euro lower but it found support at Y-0. After 2nf try failed to clear Y-0, Euro was forced to test Y+1 after. Closed the week near ...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 MOREEURUSD May 20 to May 24 Outlook3DP Odds Table (EURUSD) 2015-03-04Precog Vision – Forex 2023-2-23Hot n Cold (EURUSD) 2022-12-23EURUSD Apr 27 to May 01 OutlookIntraday Cycle Projection (EURUSD) 2020-10-28Precog Vision – Forex 2014-6-12Intraday Cycle Projection (EURUSD) 2017-09-04Intraday Cycle Projection (EURUSD) 2017-08-29Precog Vision – Forex 2020-4-2
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EURUSD Mar 14 to Mar 18 Outlook
Lawrence’s Comment
ECB decision swinged euro both ways. Y-1 defended and immediately shot up to Y+2. Closed the week near Y+2 and above midpoint.
Outlook
Shorts are trapped which can in turn squeeze euro higher to Y+3 / B+2 zone. However, this will not last as longer term outflow of capital will accelerate at higher price level.
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