Trading Edges That Last
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Lawrence's Comment Recap ES struggled early part of the week to hold Y-1 and attempted to test Y+1. Yet it failed to hold above Y-0 as support. When Y-1 was tagged again, ...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 MOREGBPUSD Dec 05 to Dec 09 OutlookGBPUSD Jan 09 to Jan 13 OutlookPrecog Vision – Forex 2018-5-16S&P 500 Jun 08 to Jun 12 OutlookPrecog Vision – Forex 2015-9-2Nasdaq 100 Apr 19 to Apr 23 OutlookHot n Cold (EURUSD) 2013-12-13Intraday Cycle Projection (EURUSD) 2011-06-02Intraday Cycle Projection (EURUSD) 2016-10-04Intraday Cycle Projection (EURUSD) 2013-12-11
As Featured In
EURUSD Jan 24th to 28th Outlook
Recap of Last Week
Early in the week a low was formed to create a powerful IHS with neckline at approx. prior week high (green zone). A breakout of that zone in mid week has turned that into a support area. Euro rallied to close at its high of the week. Range was tightened but it was still 400 pips. Volatility is definitely staying.
Next Week Outlook
The IHS has a target of 1.39+. That puts the pair in upside expansion mode and it is matching the 200% upside targets for the prior week and last week. The zone is 1.395 to 1.400 (not shown). If euro tags that area quickly in the beginning of the week, a tradable pullback is expected.
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