Trading Edges That Last
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Recap of Last Week As expected, range contracted significantly to just 50% of the prior week. A new low is printed without expansion into 50% downside expansion target zone ...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 test confirmed support. Bounced back up but failed to clear Monday high. Closed the week below Y-0 and midpoint. Outlook Tight range consolidation. Ledge is formed. Continuation of ...READ MOREGBPUSD Dec 27th to Dec 31st OutlookUSDJPY Mar 14 to Mar 18 Outlook3DP Odds Table (AUDUSD) 2021-04-23Intraday Cycle Projection (AUDUSD) 2017-08-23Precog Vision – Forex 2017-9-5GBPUSD Nov 24 to Nov 28 Outlook3DP Odds Table (AUDUSD) 2014-06-12Intraday Cycle Projection (AUDUSD) 2013-02-21Nasdaq 100 Apr 18 to Apr 22 OutlookGBPUSD Dec 25 to Dec 29 Outlook
As Featured In
AUDUSD Aug 08 to Aug 12 Outlook
Lawrence’s Comment
Y+1 resistance sent Aussie lower back down to Y-0. Y-0 support pushed Aussie back up above Y+1. Previous week close turning into support gave aussie one more push higher. Closed the week near Y+1 and above midpoint.
Outlook
Aussie rising wedge in the making. Y+1 / B-0 support can send Aussie higher to Y+2 and above. Breaking below points to retest of Y-0 / B-1.
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