Trading Edges That Last
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Lawrence's Comment Recap Y-1 acted as support, got our rally going. Yet Aussie failed to clear Y-0 and pullback since. Closed the week at midpoint and below Y-0. Outlook The short term swing low ...READ MORELawrence's Comment Recap Held close from the week before and run higher until 50% range reached. Consolidation / sideway actions all the way. Closed the week above Y+1 and below midpoint. ...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 MOREUSDCAD Nov 26 to Nov 30 OutlookAUDUSD Feb 18 to Feb 22 OutlookDow 30 Mar 13 to Mar 17 OutlookIntraday Cycle Projection (AUDUSD) 2011-04-22USDCAD Dec 22 to Dec 26 OutlookIntraday Cycle Projection (AUDUSD) 2020-10-16Intraday Cycle Projection (AUDUSD) 2012-05-283DP Odds Table (AUDUSD) 2015-04-06GBPUSD Feb 07 to Feb 11 OutlookPrecog Vision – Forex 2014-6-10
As Featured In
AUDUSD Dec 30 to Jan 03 Outlook
Lawrence’s Comment
Aussie tried to go higher yet there was not enough volume. Went back down in consolidation style. Similar to loonie, chose to print the week extreme at the end of the week. Closed the week below Y-0 and near week low.
Outlook
Inside week. Tight range. Breakout mode in play. Next target will be either B+3 or B-3 depending on the direction of the breakout. Breakout to the downside has a slight edge over the upside.
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