Trading Edges That Last
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Lawrence's Comment Recap The less likely scenario presented itself - w. upthrust against Y+1 leading to a quick selloff to Y-1. Flushed thru Y-1 but not quite Y-2 and closed ...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 Previous week close acted as resistance early in the week. That is the strongest sign that a test of previous week low (Y-1) was in play. Once traded ...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 MOREPrecog Vision – Forex 2017-5-24Intraday Cycle Projection (AUDUSD) 2018-04-18GBPUSD Mar 14 to Mar 18 OutlookPrecog Vision – Forex 2017-5-26Precog Vision – Forex 2021-2-10USDCAD Apr 04 to Apr 08 OutlookPrecog Vision – Forex 2022-2-24Precog Vision – Forex 2012-2-33DP Odds Table (AUDUSD) 2015-02-123DP Odds Table (AUDUSD) 2018-09-12
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AUDUSD Aug 01 to Aug 05 Outlook
Lawrence’s Comment
Got our targets tagged within first half of the week then stalled from there (Y+2). Y+1 acted as support and closed the week above midpoint.
Outlook
The reaction to Y+2 means the up leg has completed. A pullback is due. As long as Y+2 to B+1 acting as resistance, Aussie will consolidate and pullback to test B-1.
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