Trading Edges That Last
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Lawrence's Comment Recap Dow coiled up on Monday led to attempt to clear Y+1 but failed. Y-0 not strong enough as support, gave way to more selling down below Y-1. Friday event ...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 MOREIntraday Cycle Projection (AUDUSD) 2021-07-19Precog Vision – Forex 2013-5-10Intraday Cycle Projection (AUDUSD) 2014-04-30USDJPY Nov 16 to Nov 20 Outlook3DP Odds Table (AUDUSD) 2013-03-21Hot n Cold (AUDUSD) 2011-12-22Precog Vision – Forex 2020-10-7Dow 30 Aug 29 to Sep 02 OutlookPrecog Vision – Forex 2019-9-2Dow 30 Feb 28 to Mar 04 Outlook
As Featured In
AUDUSD Jul 13 to Jul 17 Outlook
Lawrence’s Comment
Momentum carried Aussie lower to Y-2 as expected. No spike low, just drift back up from Y-2 to week mid. Closed the week below Y-1 and near midpoint.
Outlook
Consolidation after tagging Y-2 is bearish. A test of B-1 is in play. If B-1 can hold this up, a bounce back up to B+2 is possible.
B-1 failing to act as support will give way to B-2 and below.
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