Trading Edges That Last
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Lawrence's Comment Recap Loonie breaking above Y+1 giving us immediate target of Y+2. Tagging Y+2 was all it got as it is still trapped inside the same multiple weeks range ...READ MORELawrence's Comment Recap Consolidation around Y+1 as expected. No strong reactions after NFP leading to a quiet close. Closed the week near Y+1 and midpoint. Outlook Consolidation / ledge actions after significant ...READ MOREPrecog Vision – Forex 2018-12-123DP Odds Table (AUDUSD) 2016-10-18Forex Intraday Bias: Lower Low Pivot FailureIntraday Cycle Projection (AUDUSD) 2016-01-08USDCAD Apr 16 to Apr 20 OutlookIntraday Cycle Projection (AUDUSD) 2018-09-053DP Odds Table (AUDUSD) 2021-08-113DP Odds Table (AUDUSD) 2014-01-13USDJPY Apr 10 to Apr 14 OutlookNasdaq 100 Jun 06 to Jun 10 Outlook
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.
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