Trading Edges That Last
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Lawrence's Comment Recap Rejected Y-1 in the beginning of the week with Y-0 failed to act as resistance hinted that Y+1 was going to be challenged. The breakout to the ...READ MORELawrence's Comment Recap No consolidation whatsoever as Abe and BOJ worked together with one announcement after another to make sure ninja going higher. Break out play tagged normal Y+3 target. Closed the ...READ MORELawrence's Comment Recap Spike and ledge with resistance at Y-0 worked out to the downside. Y-2 acted as support. Closed the week near Y-2 and week low. Outlook More downside is expected ...READ MOREPrecog Vision – Forex 2017-1-18Precog Vision – Forex 2023-5-2S&P 500 Dec 12 to Dec 16 OutlookIntraday Cycle Projection (AUDUSD) 2012-08-20Intraday Cycle Projection (AUDUSD) 2018-06-213DP Odds Table (AUDUSD) 2014-01-21GBPUSD Mar 25 to Mar 29 OutlookS&P 500 Sep 10 to Sep 14 OutlookUSDJPY Sep 15 to Sep 19 OutlookGBPUSD Jul 06 to Jul 10 Outlook
As Featured In
AUDUSD Aug 04 to Aug 08 Outlook
Lawrence’s Comment
Directional break down from Y-0 resistance. Tagged Y-2 and bounced. Took 2 more tries below Y-2 before a strong bounce could materialize. Closed the week near Y-2 and below midpoint.
Outlook
The assessment of more weaknesses in Aussie is correct and a drop to weekly support is now necessary before Aussie can stage a better longer term bottom. Weekly support below B-2.
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