Trading Edges That Last
- You May Also LikeFor 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 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 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 MOREIntraday Cycle Projection (AUDUSD) 2015-01-01Dow 30 Aug 07 to Aug 11 OutlookIntraday Cycle Projection (AUDUSD) 2012-01-263DP Odds Table (AUDUSD) 2017-09-04Intraday Cycle Projection (AUDUSD) 2017-07-19Precog Vision – Forex 2014-5-13Precog Vision – Forex 2012-1-23Precog Vision – Forex 2022-3-8S&P 500 Jun 26 to Jun 30 Outlook3DP Odds Table (AUDUSD) 2017-12-28
As Featured In
AUDUSD Apr 22 to Apr 26 Outlook
Lawrence’s Comment
I got this pair wrong last week as I overestimated its strength. Right off the start of the week, Aussie immediately snapped back down to where it was supposed to move down to the week before last, as if it is lagging indicator on gold. As gold going sideway, so did Aussie. Closed the week below Y-1 and near week low.
Outlook
Pure gold play so far with Aussie with the added damage of gold producers are at borderline profitability with current level of gold price.
Y-2 should be tagged early this week. If it acts as support, Aussie can move back to Y-0 easily.
Share