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Lawrence's Comment Recap Pullback to Y-1 and went higher since. Another perfect pullback and rally to target. Closed the week near Y+1. Outlook As long as B-0 acting as support looking ...READ MORELawrence's Comment Recap Was looking for a drop but not as steep as what happened. Weak right from the beginning of the week failed to hold Y-0 points to a ...READ MORELawrence's Comment Recap Got the upside breakout we are looking for. Closed the week back down at midpoint above Y-0. Outlook Need Y-0 to act as support and rally above Y+1 again. ...READ MORELawrence's Comment Recap The slight weekly bias towards the upside gave cable a boost to Y+3. Then fiscal cliff deal changed everything sending cable back down to Y-2. Closed the week ...READ MOREUSDJPY Nov 05 to Nov 09 OutlookAUDUSD Dec 24 to Dec 28 OutlookNasdaq 100 Dec 27 to Dec 31 OutlookEURUSD Aug 24 to Aug 28 Outlook3DP Odds Table (AUDUSD) 2014-02-07S&P 500 Mar 13 to Mar 17 OutlookWeekly Cycle Projection (AUDUSD) 2017-09-04Hot n Cold (AUDUSD) 2015-8-21USDJPY Jan 23 to Jan 27 OutlookGBPUSD Jan 07 to Jan 11 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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