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Lawrence's Comment Recap Easy play of the week. Got the breakout to the downside early in the week, run straight down to Y-3 and consolidated since. Closed the week below Y-2 and ...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 MOREGBPUSD Mar 18 to Mar 22 Outlook3DP Odds Table (AUDUSD) 2012-12-28USDJPY Oct 31 to Nov 04 OutlookIntraday Cycle Projection (AUDUSD) 2011-10-10USDCAD May 05 to May 09 OutlookUSDJPY Jul 19 to Jul 23 OutlookPrecog Vision – Forex 2019-7-173DP Odds Table (AUDUSD) 2023-05-02Intraday Cycle Projection (AUDUSD) 2021-04-05Weekly Cycle Projection (AUDUSD) 2023-03-20
As Featured In
AUDUSD Dec 24 to Dec 28 Outlook
Lawrence’s Comment
Was looking for a drop but not as steep as what happened. Weak right from the beginning of the week failed to hold Y-0 points to a drop to Y-1. Got that in a day. Then it collapsed with rest of the majors against dollar. Closed the week at Y-2 and at week low.
Outlook
Wiped out the whole up move in 3 days since the start of the month. Lots of trapped bulls above Y-1. Even if Aussie is going to go higher it cannot just go straight up. So more weaknesses is expected until we get a bottom formation.
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