Trading Edges That Last
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Lawrence's Comment Recap Took off from support mentioned last week. Got target Y+2 and above. Closed the week above Y+2 and at week high. Outlook No surprise with the short term bottom. ...READ MORELawrence's Comment Recap Swinged higher. Exceeded upside expectation and consolidated above Y+1. Closed the week near Y+1 and below midpoint. Outlook Did not make it to Y+2 and tight range for the week points ...READ MOREUSDJPY Nov 21 to Nov 25 OutlookPrecog Vision – Forex 2015-9-29EURUSD Nov 25 to Nov 29 OutlookHot n Cold (AUDUSD) 2015-1-233DP Odds Table (AUDUSD) 2022-10-21Another Forex Conspiracy (Sort of) Proven To BeAUDUSD Jun 06 to Jun 10 OutlookUSDJPY Apr 15 to Apr 19 Outlook3DP Odds Table (AUDUSD) 2022-12-20Intraday Cycle Projection (AUDUSD) 2017-09-18
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AUDUSD Feb 17 to Feb 21 Outlook
Lawrence’s Comment
Gold held up fine and moved higher, that gave Aussie strong support to consolidate around Y+1. Closed the week above Y+1 and midpoint.
Outlook
As long as gold can continue to drift up, Aussie will be in good shape to challenge B+2.
A rare case scenario is that Aussie reverses sharply lower without breaking B+1, breach of B-1 will produce a quick flush down to B-3 / Y-1 area.
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