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Lawrence's Comment Recap Struggled at Y-1 and eventually break below but failed to tag Y-2. That set the stage to rally back to Y-0. Closed the week near Y-0 and ...READ 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 MORELawrence's Comment Recap NQ bottomed early in the week with Dow and ES but it was not one of the stronger bottoming pattern. Y-0 cleared and then it was a struggle to ...READ MORELawrence's Comment Recap Loonie is the odd pair this week as it is not moving with the other majors as US dollar strengthen. Since gold is all over the place ...READ MORELawrence's Comment Recap More consolidation actions as expected. Y-0 support and by the end of the week previous week close support sent Aussie gunning for Y+2. Closed the week above Y+1 and ...READ MOREAUDUSD Mar 19 to Mar 23 Outlook3DP Odds Table (AUDUSD) 2018-01-25S&P 500 Aug 06 to Aug 10 OutlookNasdaq 100 Feb 09 to Feb 13 OutlookIntraday Cycle Projection (AUDUSD) 2018-10-04USDCAD Aug 06 to Aug 10 OutlookGBPUSD Jan 30 to Feb 03 OutlookAUDUSD Jul 11 to Jul 15 OutlookEURUSD Nov 18 to Nov 22 Outlook3DP Odds Table (AUDUSD) 2022-01-07
As Featured In
AUDUSD Jul 08 to Jul 12 Outlook
Lawrence’s Comment
Aussie tried to find a bottom above Y-2 indeed. The problem is that it takes time to absorb the selling. Closed the week near week low and below Y-1.
Outlook
Until B-0 is breached to the upside, prefered with a quick rally tagging B+1 first, Aussie is still trapped in consolidation / bottom forming.
A good long setup from B-0 will send it back up to B+2. Not interesting in the down side as oversold condition is building up.
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