Trading Edges That Last
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Lawrence's Comment Recap Aussie tried to hold above Y+1 but failed. That opened the door to Y-1 retest. Got the retest done and bounced off since. Closed the week above midpoint and ...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 MORELawrence's Comment Recap Drifted up as expected, except that shock caused by euro broken down. Closed the week at midpoint. Outlook A new year means a new initiation process starting this week. ...READ MOREPrecog Vision – Forex 2011-3-163DP Odds Table (EURUSD) 2013-12-12AUDUSD May 06 to May 10 OutlookPrecog Vision – Forex 2015-2-10Intraday Cycle Projection (EURUSD) 2019-01-15S&P 500 May 01 to May 05 OutlookPrecog Vision – Forex 2022-5-163DP Odds Table (EURUSD) 2015-05-27Intraday Cycle Projection (EURUSD) 2018-01-09Nasdaq 100 Jan 02 to Jan 06 Outlook
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EURUSD Apr 16 to Apr 20 Outlook
Lawrence’s Comment
Euro drifted up exactly as expected and tagged Y-0 before turning down sharply. Closed near Y-1 with 50% range of prior week.
Outlook
A break of B-1 will likely giving just B-2 and B-3 quickly. That means tagging the previous year close.
Be very careful when that happens because government officials can kick start major intervention when they find an excuse that the “irrational currency movement is endangering the euro zone economy”.
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