Trading Edges That Last
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Lawrence's Comment Recap Went higher and tagged 1.07 round number and stalled. Consolidation since. Closed the week near Y+1 and below midpoint. Outlook Similar to Aussie, affected by gold's multiple attempts to find a ...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 MORELawrence's Comment Recap Gap open in the beginning of the week resulted in spike and ledge selloff. Held Y-0 support perfectly (too perfect?!) and staged a short squeeze to new ...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 MORELawrence's Comment Recap Down side expectation worked out beautifully. Down side targets tagged before a bounce was possible. Closed the week below Y-1 and midpoint. Outlook Y-1 / B-0 now strong resistance ...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 2022-5-11USDCAD Dec 09 to Dec 13 OutlookPrecog Vision – Forex 2014-11-5S&P 500 Aug 06 to Aug 10 OutlookIntraday Cycle Projection (AUDUSD) 2017-08-29Precog Vision – Forex 2020-11-3USDCAD Jun 15 to Jun 19 OutlookIntraday Cycle Projection (AUDUSD) 2015-12-23Precog Vision – Forex 2022-3-29Intraday Cycle Projection (AUDUSD) 2023-03-23
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AUDUSD Oct 22 to Oct 26 Outlook
Lawrence’s Comment
Sudden reversal from Y-0 sending Aussie back up above Y+2 and challenged previous month close. Failed to push through on this first try. Closed the week above Y+1 and midpoint.
Outlook
The pop was a surprise caused by news shock somehow at the right time (when Aussie was testing Y+1 from below). Now Aussie has to prove itself can hold above previous month low and then it is good to go higher.
So both weekly and monthly basis all eyes on B-0 / Y+1 now.
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