Trading Edges That Last
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Lawrence's Comment Recap Y-0 support sent NQ higher to test Y+1. Failed to clear it and dropped back down to normal target of Y-1. Got Y-1 and consolidated since. Closed the week ...READ MOREHot n Cold (AUDUSD) 2021-2-12Precog Vision – Forex 2012-1-123DP Odds Table (AUDUSD) 2022-09-01Precog Vision – Forex 2016-8-2Nasdaq 100 Jan 19 to Jan 23 OutlookEURUSD Feb 05 to Feb 09 Outlook3DP Odds Table (AUDUSD) 2015-04-023DP Odds Table (AUDUSD) 2021-01-11USDCAD Nov 11 to Nov 15 OutlookIntraday Cycle Projection (AUDUSD) 2016-05-16
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AUDUSD Dec 05 to Dec 09 Outlook
Lawrence’s Comment
Similar to loonie, aussie produced biggest reaction among the majors from the intervention by the central banks due to its metal currency behaviour. The Y+1 breakout to Y+2 and Y+3 play worked out very well according STOPD. Closed the week at Y+2.
Outlook
Intervention effects do not last. Unless the central banks planned a 2nd assault on the worldwide markets this week, a slow drift back down to B-0 is very likely.
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