Trading Edges That Last
- You May Also LikeFor 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 MORE
Lawrence's Comment Recap Dow could not hold above Y-1 leading to continuation sell down to below Y-2. Formed double bottom and zoomed higher back up to above Y-1 and initiated a squeeze ...READ MORELawrence's Comment Recap Consolidated around Y+1 all week. No real direction. Closed the week below Y+1 and above midpoint. Outlook As mentioned last week, euro on weekly close basis as long as it cannot ...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 Trapped in same range as in past several weeks. Then downside breakout happened. Closed the week near Y-1 and below midpoint. Outlook For the breakout to continue, Y-1 must ...READ MOREPrecog Vision – Forex 2022-7-18Weekly Cycle Projection (AUDUSD) 2013-06-17Dow 30 Feb 10 to Feb 14 Outlook3DP Odds Table (AUDUSD) 2022-07-143DP Odds Table (AUDUSD) 2013-10-01EURUSD Aug 26 to Aug 30 OutlookPrecog Vision – Forex 2016-1-223DP Odds Table (AUDUSD) 2023-03-15USDCAD Oct 05 to Oct 09 OutlookGBPUSD Aug 10 to Aug 14 Outlook
As Featured In
AUDUSD Nov 07 to Nov 11 Outlook
Lawrence’s Comment
Pull back as expected. Too fast so Y-0 could only hold this up for just a pause. Y-1 tagged before mid week. Springed back above Y-1 to close the week.
Outlook
Y+1 rejected decisively so clear resistance above Y-0. Interestingly, Aussie has found support below Y-1. Thus the pair is likely trapped between Y-0 to Y-1 until a breakout of this range.
Share