Trading Edges That Last
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Lawrence's Comment Recap Y-0 support sent this higher to test Y+1. Turned lower below Y+1 opening the door to Y-1. Y-1 tagged and bounced. Closed the week above Y-0 and B-0. ...READ MORELawrence's Comment Recap Another one pullback to Y-0 as expected. The interesting thing though is that it took Aussie almost the full week to get down there. Closed the week ...READ MORELawrence's Comment Recap Tight range breakout to the upside. Tagged breakout target of Y+3. Closed the week near Y+3 and week high. Outlook Consolidation around B+1 likely until NFP Friday.READ MOREEURUSD Apr 18 to Apr 22 OutlookWeekly Cycle Projection (AUDUSD) 2017-04-24Intraday Cycle Projection (AUDUSD) 2015-03-16Precog Vision – Forex 2017-1-13AUDUSD May 01 to May 05 OutlookHot n Cold (AUDUSD) 2012-8-8USDCAD Sep 26 to Sep 30 OutlookAUDUSD Dec 03 to Dec 07 Outlook3DP Odds Table (AUDUSD) 2015-05-25Nasdaq 100 May 30 to Jun 03 Outlook
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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