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Lawrence's Comment Recap Cable found support at Y-0 for a test of Y+1. Y+1 resistance on first try and sent cable back down to Y-0. Second attempt at Y+1 led to FBO ...READ MORELawrence's Comment Recap Easy play of the week. Spiked against Y-0 and failed to hold above gave us Y-1 target. Tagged Y-1 and reversed sharply yet could not clear Y-0. Gave us ...READ MORELawrence's Comment Recap FBO against Y+1 gave us Y-0 and the next support below. Closed the week above Y-0 and midpoint. Outlook Non-stop intervention by ECB and other central banks, Euro has ...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 MOREGBPUSD Feb 01 to Feb 05 Outlook3DP Odds Table (AUDUSD) 2019-10-07EURUSD Mar 31 to Apr 04 Outlook3DP Odds Table (AUDUSD) 2016-07-25EURUSD Oct 03 to Oct 07 OutlookDow 30 Apr 02 to Apr 06 OutlookDow 30 Nov 05 to Nov 09 OutlookEURUSD May 03 to May 07 OutlookPrecog Vision – Forex 2015-12-31Intraday Cycle Projection (AUDUSD) 2015-04-02
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AUDUSD Mar 14 to Mar 18 Outlook
Lawrence’s Comment
Failure to tag Y+1 early in the week sent the pair back down to Y-1. As Y-1 did not contain the drop, further weaknesses was expected from Y-0 and in one move completed both the 1st downside target of Y-2 and Y-3. At slightly higher than Y-3, which was the previous support level, the pair bounced back to close at, Y-0.
Outlook
Event driven move in the last half day of past week showed that Y-0 is a strong attractor. If B-0 acts as support, B+1 should be visited soon. If the developing situation in Asia stabalize, then next week should be range bounded within B-0 to B+1.
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