Trading Edges That Last
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Lawrence's Comment Recap As expected, consolidation near Y-0 with tight range. Closed the week below Y-0 and near week low. Outlook Y-1 is asking for a retest. It is lined up with B-2 which ...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 MOREPrecog Vision – Forex 2022-11-183DP Odds Table (AUDUSD) 2012-01-23Precog Vision – Forex 2019-10-7USDCAD May 19 to May 23 OutlookPrecog Vision – Forex 2020-12-2Intraday Cycle Projection (AUDUSD) 2016-11-18Intraday Cycle Projection (AUDUSD) 2013-11-20AUDUSD Jan 01 to Jan 05 OutlookWeekly Cycle Projection (AUDUSD) 2022-10-03USDJPY Jul 08 to Jul 12 Outlook
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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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