Trading Edges That Last
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Lawrence's Comment Recap Sideway consolidation around previous week close until Mrs. Yellen comment time. Collapsed lower until 100% of consolidation range. Closed the week near Y-1 and week low. Outlook Inside week ...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 MORE3DP Odds Table (AUDUSD) 2017-03-24Intraday Cycle Projection (AUDUSD) 2012-09-27GBPUSD Jun 28 to Jul 02 OutlookEURUSD Aug 29 to Sep 02 OutlookPrecog Vision – Forex 2013-3-253DP Odds Table (AUDUSD) 2022-03-02USDJPY May 08 to May 12 OutlookIntraday Cycle Projection (AUDUSD) 2021-09-273DP Odds Table (AUDUSD) 2015-06-04Nasdaq 100 Jan 17 to Jan 21 Outlook
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AUDUSD Aug 29 to Sep 02 Outlook
Lawrence’s Comment
B-0 area acted as resistance most part of the week until Aussie eventually break above that and closed the week around Y+1.
Outlook
If B+1 acts as resistance sending the pair lower to below B-1, an important top is in place.
The difficulty here is that the markets are in general slower and more illiquid during this last week of August. So consolidation within B-0 upto B+2 is more likely.
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