Trading Edges That Last
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Lawrence's Comment Recap As mentioned last week, cable has little room for pullback if it is really going higher. Well, the bullish pattern gave cable enough strength to consolidate around Y-0. Closed ...READ MORELawrence's Comment Recap Bottom from last week acting as support as expected but situation in Ukraine and banking problems in Europe is turning the pair into a mess. Closed the week above ...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 As expected the test of Y+1 has failed. Minimal target at Y-0 was tagged. But the pullback was very slow. Closed the week above Y-0 and below midpoint. Outlook Similar to ...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 MOREPrecog Vision – Forex 2017-2-1GBPUSD Jun 30 to Jul 04 Outlook3DP Odds Table (AUDUSD) 2011-05-18EURUSD Aug 18 to Aug 22 OutlookPrecog Vision – Forex 2011-9-14USDCAD Sep 24 to Sep 28 OutlookIntraday Cycle Projection (AUDUSD) 2015-07-08USDJPY Apr 28 to May 02 OutlookPrecog Vision – Forex 2018-4-43DP Odds Table (AUDUSD) 2019-06-10
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AUDUSD Dec 10 to Dec 14 Outlook
Lawrence’s Comment
The easy money last week. Rallied from Y-1 as expected and spiked through Y+1 to complete the retest. Closed the week near week high and below Y+1.
Outlook
The easy part is over. Holiday trading kicks in this week and the end of week weaknesses tell us that Aussie may need to pullback or consolidate here first.
Topping at Y+1 and 1-2-3 sell breaking B-0 will give us a quick run down to B-1. If B-1 failed to hold this up, a home run to B-2 is likely by end of the week.
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