Trading Edges That Last
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Lawrence's Comment Recap Y-1 support gave us test of Y-0 and above resistance. Failed to hold above Y-0 gave us retest of Y-1 and a break down to Y-2. Closed the week ...READ MORELawrence's Comment Recap Channel play as expected. Pushed to Y+2 and stalled. Closed the week near Y+1 and below midpoint. Outlook Channel break down will give us at least B-2 and likely ...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 Y-0 did not act as resistance after open gave us a clue that it would not hold on 2nd try. Into mid week, Y-0 cleared and gave us Y+1 ...READ MOREUSDCAD Feb 29 to Mar 04 Outlook3DP Odds Table (AUDUSD) 2014-12-10AUDUSD Jul 18 to Jul 22 OutlookPrecog Vision – Forex 2021-12-1Hot n Cold (AUDUSD) 2019-2-1Hot n Cold (AUDUSD) 2015-11-6Precog Vision – Forex 2012-3-2EURUSD Mar 07 to Mar 11 OutlookAUDUSD Nov 17 to Nov 21 OutlookIntraday Cycle Projection (AUDUSD) 2022-01-11
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AUDUSD Sep 17 to Sep 21 Outlook
Lawrence’s Comment
Not only we got Y+2, Y=3 was almost tagged by end of the week as well. Closed the week above Y+2.
Outlook
Both Aussie and Loonie are driven by metal prices. As gold put in place its bottom last week with a strong rally, both currencies have no choice but to strengthen.
Long term bottom is likely in place hence will look for long only on this pair.
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