Trading Edges That Last
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Lawrence's Comment Recap Consolidation yes, but not within Y-0 upto Y+1. Dollar yen traded one level lower from Y-1 upto Y-0. That again was driven by news shocks from, who else, ...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 Weekly FBO confirmed with a drop back down to Y-2 normal target. Volatility however makes the move more difficult to deal with for many. Closed the week below Y-1 ...READ MORELawrence's Comment Recap Rejected Y-1 early in the week provided fuel for Euro to challenge Y+1. Stopped at 100% absolute range expansion. Y-0 acted as support on pullback. Closed the week above ...READ MORELawrence's Comment Recap Got the breakout we asked for. Aussie dropped below Y-1 and tagged Y-3 quickly. But there was no test of Y-1 as resistance at all. The pair simply ...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 MOREUSDJPY Sep 19 to Sep 23 OutlookIntraday Cycle Projection (EURUSD) 2011-12-28Precog Vision – Forex 2017-12-28Intraday Cycle Projection (EURUSD) 2013-01-11Dow 30 May 02 to May 06 OutlookEURUSD Dec 15 to Dec 19 OutlookAUDUSD Jul 18 to Jul 22 OutlookGBPUSD Aug 06 to Aug 10 Outlook3DP Odds Table (EURUSD) 2023-05-02Precog Vision – Forex 2018-9-19
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EURUSD Apr 18 to Apr 22 Outlook
Lawrence’s Comment
FBO Y+1 is ledge breakout failure. That gave us Y+1 and a slide back down to where the last up leg started. Closed the week below Y-1 and midpoint.
Outlook
Strong setup of daily reversal is in place. B-0 / Y-1 resistance for more downside below B-1.
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