Trading Edges That Last
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Lawrence's Comment Recap Down channel turned into a wedge. Then breakout happened conveniently at the right time sending this back up to my target above. 200% absolute range expansion stopped the run. ...READ MORELawrence's Comment Recap Continuous sell pattern broken when Dow gapped at Y+1 and zoomed higher. Unlikely breakout gave us Y+3 target. Dow got the target and went sideway since. Closed the week ...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 MORE3DP Odds Table (EURUSD) 2011-10-19Precog Vision – Forex 2013-6-13USDCAD Feb 24 to Feb 28 OutlookWeekly Cycle Projection (EURUSD) 2017-10-16Dow 30 Aug 25 to Aug 29 Outlook3DP Odds Table (EURUSD) 2017-07-26Precog Vision – Forex 2016-7-18Intraday Cycle Projection (EURUSD) 2019-01-23GBPUSD Jul 02 to Jul 06 OutlookWeekly Cycle Projection (EURUSD) 2014-11-10
As Featured In
EURUSD May 30 to Jun 03 Outlook
Lawrence’s Comment
Y-1 tagged early in the week as expected. The sharp reversal scenario happened to Cable instead of Euro. Nonetheless, Euro closed at the high of the week tagging Y+1.
Outlook
Less bullish comparing to Cable, euro will have to prove itself first by breaking above Y+1 to break its downtrend.
A pullback to B-0 is likely and it will be wait and see scenario there.
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