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 Falling wedge completed with FBO against Y-1 gave us reversal back up to Y+3. Closed the week above Y+2 and near week high. Outlook This reversal is expected and ...READ MORELawrence's Comment Recap The easy play of the week. Cable dropped below Y-1 and snap back up immediately gave us the long setup. Steady up drift. Closed the week above Y-0 and ...READ MORE3DP Odds Table (AUDUSD) 2016-01-01GBPUSD Nov 22 to Nov 26 OutlookWeekly Cycle Projection (AUDUSD) 2022-01-03Precog Vision – Forex 2021-12-15USDCAD May 09 to May 13 OutlookIntraday Cycle Projection (AUDUSD) 2014-05-14Weekly Cycle Projection (AUDUSD) 2012-03-26GBPUSD Mar 03 to Mar 07 OutlookEURUSD Jan 28 to Feb 01 OutlookWeekly Cycle Projection (AUDUSD) 2012-09-10
As Featured In
AUDUSD Mar 21 to Mar 25 Outlook
Lawrence’s Comment
Behaved in very similar fashion like yen, except that Aussie closed above Y-2 and below Y-1.
Outlook
From weekly range tightening up to 3 weeks ago, and then downside expansion to Y-1 area 2 weeks ago, a trend change on daily level to the downside is now confirmed. What it means is that there will be limited upside potential for any attempt to go higher until a strong daily level bottom is developed.
Share