Trading Edges That Last
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Lawrence's Comment Recap Gapped down to Y-1 to start the week. Y-0 acting as resistance as expected. The push above Y-0 failed to establish Y-0 as support and collapsed down to Y-1 ...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 Rallied to Y+2. As if hitting a brick wall, euro made a hard turn and dropped back to Y+1 and then broken down to retest Y-1. Closed the ...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 Bullish expectation worked out as cable continues to challenge the upper boundary. Y-0 support sent cable higher. Closed the week above Y+1 and midpoint. Outlook Cable rising wedge on ...READ MOREAUDUSD Aug 24 to Aug 28 OutlookS&P 500 Feb 06 to Feb 10 OutlookPrecog Vision – Forex 2021-12-9Intraday Cycle Projection (GBPUSD) 2014-08-25Nasdaq 100 Oct 06 to Oct 10 OutlookDow 30 Dec 26 to Dec 30 OutlookPrecog Vision – Forex 2022-2-23EURUSD Dec 10 to Dec 14 OutlookPrecog Vision – Forex 2018-3-15GBPUSD Aug 24 to Aug 28 Outlook
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GBPUSD Mar 28 to Apr 01 Outlook
Lawrence’s Comment
Resistance zone pressured cable back down to Y-0 and below as expected. In turn stop run took it all the way back down to Y-1. Closed the week below Y-0 and midpoint.
Outlook
Inside week with weak close points to more weaknesses. Y-0 / B-0 confirmed resistance until proven otherwise. Breaking below B-1 points to Y-3 break down potential.
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