Trading Edges That Last
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Lawrence's Comment Recap Cable followed its peers and dropped. Found support at Y-2 and paused. Closed the week below Y-1 and midpoint. Outlook 1.50 key psychological level breached. Cable must snap back ...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 Consolidation around Y+1 as expected. No strong reactions after NFP leading to a quiet close. Closed the week near Y+1 and midpoint. Outlook Consolidation / ledge actions after significant ...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 Euro found support as expected and bounced back up to Y-0 target. From there it just consolidated in tight range. Closed the week below Y-0 and near midpoint. ...READ MOREGBPUSD Jan 26 to Jan 30 OutlookPrecog Vision – Forex 2014-1-22Nasdaq 100 Jun 06 to Jun 10 Outlook3DP Odds Table (AUDUSD) 2013-02-25USDCAD Dec 14 to Dec 18 OutlookDow 30 May 16 to May 20 OutlookS&P 500 Aug 06 to Aug 10 OutlookEURUSD Feb 02 to Feb 06 OutlookGBPUSD May 24 to May 28 OutlookIntraday Cycle Projection (AUDUSD) 2022-05-16
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AUDUSD Apr 02 to Apr 06 Outlook
Lawrence’s Comment
Y-0 failed to turn into support even though price moved above Y-0 early in the week. Closed the week near Y-1.
Outlook
Similar to last week, until B-0 is turning into support, the down trend would stay intact and difficult for the pair to go higher.
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