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Lawrence's Comment Recap Cable dropped to Y-0 and bounced. Breached Y+1 but failed to hold above. That sent cable down to Y-1 in 1 go. Bounced from Y-1 but no longer able ...READ MORELawrence's Comment Recap Did not tag the upside target after the expected consolidation in the first half of the week (disappointed). Breaking below the week low in mid-week however gave us ...READ MORELawrence's Comment Recap All eyes on Greece and that have effective frozen cable and euro around where they were closed the week prior. After the last minute deal was done, normal ...READ MORES&P 500 Jan 11 to Jan 15 OutlookGBPUSD Dec 22 to Dec 26 OutlookAUDUSD Oct 12 to Oct 16 Outlook3DP Odds Table (AUDUSD) 2012-10-29Weekly Cycle Projection (AUDUSD) 2023-05-02Intraday Cycle Projection (AUDUSD) 2014-05-28Dow 30 Dec 16 to Dec 20 OutlookGBPUSD Jun 06 to Jun 10 OutlookGBPUSD Feb 13 to Feb 17 OutlookUSDJPY Aug 06 to Aug 10 Outlook
As Featured In
AUDUSD Dec 24 to Dec 28 Outlook
Lawrence’s Comment
Was looking for a drop but not as steep as what happened. Weak right from the beginning of the week failed to hold Y-0 points to a drop to Y-1. Got that in a day. Then it collapsed with rest of the majors against dollar. Closed the week at Y-2 and at week low.
Outlook
Wiped out the whole up move in 3 days since the start of the month. Lots of trapped bulls above Y-1. Even if Aussie is going to go higher it cannot just go straight up. So more weaknesses is expected until we get a bottom formation.
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