Trading Edges That Last
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Lawrence's Comment Recap Another not so surprising attack against the bears last week. As mentioned last week, the gaps above were inviting Dow to revisit them quickly. The surprise was that it ...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 MOREPrecog Vision – Forex 2015-4-27Precog Vision – Forex 2011-9-193DP Odds Table (AUDUSD) 2018-11-22Weekly Cycle Projection (AUDUSD) 2019-03-11USDCAD Mar 27 to Mar 31 OutlookPrecog Vision – Forex 2014-10-233DP Odds Table (AUDUSD) 2023-05-023DP Odds Table (AUDUSD) 2019-05-29Dow 30 Jul 21 to Jul 25 OutlookPrecog Vision – Forex 2013-8-16
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AUDUSD Jan 11 to Jan 15 Outlook
Lawrence’s Comment
Bearish expectation worked out for Aussie. Rising wedge breakdown led to selloff down to target Y-5 and below. Closed the week below Y-5 and near week low.
Outlook
Weaknesses in Aussie means gold may have limited upside. Consolidation likely with reduced range for Aussie this week. B-1 turning into support points to retest of B-0.
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