Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Daily uptrend was broken but you cannot beat b.s. spreading from Europe again. The resistance at B-0 was destroyed right off the beginning of the week. After ...READ MORELawrence's Comment Recap As expected, Aussie stalled at the resistance mentioned last week and flushed back down to below Y-1. Closed the week near week low and below Y-1. Outlook Aussie has dropped relatively ...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 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 MORE3DP Odds Table (AUDUSD) 2020-09-17Intraday Cycle Projection (AUDUSD) 2014-01-28Dow 30 Oct 08 to Oct 12 OutlookAUDUSD Jul 01 to Jul 05 OutlookPrecog Vision – Forex 2022-2-143DP Odds Table (AUDUSD) 2016-08-02Weekly Cycle Projection (AUDUSD) 2022-06-06Precog Vision – Forex 2019-10-7Precog Vision – Forex 2018-1-17Precog Vision – Forex 2016-12-21
As Featured In
AUDUSD Sep 26 to Sep 30 Outlook
Lawrence’s Comment
Y-0 support lifted Aussie to test Y+1. Since then consolidated for FOMC announcement. After, Y+1 cleared and 100% range expansion move to above Y+2 before finding resistance. Closed the week above Y+1 and midpoint.
Outlook
Aussie pretty much rushed to the original crime scene where it first broke down from a thin up channel. Now a repeat of the same happened which suggested that a higher timeframe down channel is in the making. As long as B+1 is acting as resistance Aussie will retest Y+1.
Share