Trading Edges That Last
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Lawrence's Comment Recap As expected, the weekly downtrend continues. Non-stop selling trapped bottom pickers and flushed to Y-2 downside target. Closed the week near week low. Outlook As long as Y-1 acts ...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 NQ gap and go right from the start of the week to clear the strong resistance of Y-0 and filled the open gap above. This led to retest of ...READ MORELawrence's Comment Recap The bear flag mentioned last time worked out and dropped ninja down to Y-2 where the 98 boundary is. Closed the week below midpoint and below Y-1. Outlook 2nd leg of ...READ MOREPrecog Vision – Forex 2022-6-63DP Odds Table (AUDUSD) 2012-07-25Precog Vision – Forex 2018-5-11EURUSD Mar 22 to Mar 26 OutlookS&P 500 Nov 13 to Nov 17 OutlookEURUSD Jul 09 to Jul 13 OutlookDow 30 Jan 02 to Jan 06 OutlookPrecog Vision – Forex 2020-8-4Nasdaq 100 Apr 27 to May 01 OutlookUSDJPY Jul 29 to Aug 02 Outlook
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AUDUSD Aug 11 to Aug 15 Outlook
Lawrence’s Comment
As expected, Aussie stays weak and failed to clear Y-0. Dropped below Y-1 and stopped at equal distance off previous week close. Closed the week near Y-1 and below midpoint.
Outlook
Decisive rejection of Y-0 gave us clean break of Y-1 thus Y-2 is still in play. It is also the original target stated last week. As long as B-0 is acting as resistance it is likely we get Y-2 and B-2 either this week or next.
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