Trading Edges That Last
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Lawrence's Comment Recap As expected, Canadian dollar consolidated around Y-1 with downside bias. Closed the week around Y-1 and below midpoint. Outlook No strong directional bias because loonie is so close to par level ...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 MORE3DP Odds Table (AUDUSD) 2017-03-29Intraday Cycle Projection (AUDUSD) 2020-12-14GBPUSD Feb 27 to Mar 03 OutlookPrecog Vision – Forex 2021-7-15USDCAD Jun 17 to Jun 21 OutlookDow 30 Feb 20 to Feb 24 OutlookPrecog Vision – Forex 2022-11-16Intraday Cycle Projection (AUDUSD) 2014-11-193DP Odds Table (AUDUSD) 2014-02-04Intraday Cycle Projection (AUDUSD) 2014-09-09
As Featured In
AUDUSD May 07 to May 11 Outlook
Lawrence’s Comment
Did not push higher at all. First drop to Y-0 did not even hold above Y-0. That opens the door to Y-1. Closed the week well below Y-1 near Y-2.
Outlook
Total mess in terms of PA. Traders on both sides are trapped.
A flush to Y-2 likely results in a bounce to Y-1.
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