Trading Edges That Last
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Lawrence's Comment Recap No strength to push above Y+1, lower prints happened. Pretty much as expected. The more interesting part is that gold has broken its daily down trend by the end ...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 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 Channel support breached gave us Y-1 as expected. Wild up swing testing the channel support from below failed to clear the resistance and sent Aussie down to Y-1 again. ...READ MORELawrence's Comment Recap Short squeeze back up to Y+1 as expected filling the open gap above. The move was so dirty that it was erased right after and led to spike reversal ...READ MOREPrecog Vision – Forex 2019-8-53DP Odds Table (AUDUSD) 2014-01-30AUDUSD Dec 09 to Dec 13 OutlookNasdaq 100 Apr 01 to Apr 05 OutlookPrecog Vision – Forex 2021-6-83DP Odds Table (AUDUSD) 2012-07-13S&P 500 May 15 to May 19 OutlookPrecog Vision – Forex 2014-1-22AUDUSD Dec 14 to Dec 18 OutlookDow 30 May 16 to May 20 Outlook
As Featured In
AUDUSD Aug 08 to Aug 12 Outlook
Lawrence’s Comment
Y+1 resistance sent Aussie lower back down to Y-0. Y-0 support pushed Aussie back up above Y+1. Previous week close turning into support gave aussie one more push higher. Closed the week near Y+1 and above midpoint.
Outlook
Aussie rising wedge in the making. Y+1 / B-0 support can send Aussie higher to Y+2 and above. Breaking below points to retest of Y-0 / B-1.
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