Trading Edges That Last
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Lawrence's Comment Recap As expected, Aussie moved lower to Y-2 and stopped when 100% absolute range expansion was reached. Closed the week near week low and below Y-2. Outlook Aussie followed the path of ...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 More downside as expected with Y-0 acting as resistance. Cable pushed towards Y-3 target and held up at 1.28 round number. Closed the week near Y-2 and below midpoint. ...READ MORELawrence's Comment Recap We got the down side target right at the start of the week. Excuse to go lower immediately used up. Dow drifted higher since. Not even ECB news can ...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 MOREAUDUSD Nov 04 to Nov 08 OutlookPrecog Vision – Forex 2023-4-5GBPUSD Jul 11 to Jul 15 OutlookHot n Cold (AUDUSD) 2018-6-153DP Odds Table (AUDUSD) 2020-11-123DP Odds Table (AUDUSD) 2016-09-07Intraday Cycle Projection (AUDUSD) 2015-11-093DP Odds Table (AUDUSD) 2018-04-27Dow 30 Dec 08 to Dec 12 OutlookPrecog Vision – Forex 2011-6-1
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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