Trading Edges That Last
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Lawrence's Comment Recap Y-1 support consolidation created a breakout play. Breaking above led to a surge to measured move target above Y+1. Closed the week above Y+1 and near week high. Outlook 2nd push ...READ MORELawrence's Comment Recap NQ did a whiplash play. First NQ held Y-0 support and pushed higher above Y+1. That is pretty much the expected move. Then NQ failed to hold above Y+1 ...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 Tried hard to produce the extreme bearish formation of Y-1 acting as resistance and failed to do so. That points to a retest of previous close area that ...READ MORELawrence's Comment Recap Gap up in the beginning of the week. Then consistent selling all the way down to Y-2 as expected. Cannot get any better than that. Once 100% ...READ MOREUSDCAD Jul 28 to Aug 01 OutlookEURUSD Jun 26 to Jun 30 OutlookGBPUSD Nov 29 to Dec 03 OutlookIntraday Cycle Projection (AUDUSD) 2014-10-01Nasdaq 100 Aug 19 to Aug 23 Outlook3DP Odds Table (AUDUSD) 2017-07-10Precog Vision – Forex 2015-3-43DP Odds Table (AUDUSD) 2020-09-30Dow 30 May 30 to Jun 03 OutlookEURUSD Jun 04 to Jun 08 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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