Trading Edges That Last
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Lawrence's Comment Recap Spike top led to test of Y-1 and wait for Brexit. Spike low against Y-1 led to a rush back up to Y-0 and then Y+1. Closed the week ...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 MORELawrence's Comment Recap Trend line break play worked out with ninja dropped to almost Y-3. Strong reaction right after taking ninja back up to exactly where the breakdown started. Closed the week ...READ MORELawrence's Comment Recap Opened below my support requirement thus invalidated the bullish potential. First try going higher cannot even tag Y-0. Dropped hard but news shock and rumors started to take over ...READ MORELawrence's Comment Recap Another week attempting to bottom out from this area. Closed the week back at Y-0 after initial selloff down to Y-1. Outlook Holding above B-0 as support and then ...READ MOREUSDJPY Feb 12 to Feb 16 OutlookIntraday Cycle Projection (AUDUSD) 2013-07-24USDCAD Jun 27 to Jul 01 Outlook3DP Odds Table (AUDUSD) 2015-02-27Precog Vision – Forex 2019-8-6USDJPY Mar 23 to Mar 27 OutlookEURUSD Mar 25 to Mar 29 OutlookHot n Cold (AUDUSD) 2011-12-14Intraday Cycle Projection (AUDUSD) 2011-11-28USDCAD Feb 27 to Mar 02 Outlook
As Featured In
AUDUSD Jul 14 to Jul 18 Outlook
Lawrence’s Comment
Aussie carried higher as gold holding onto its gain last week. Spiked through Y-0 but failed to clear the resistance. Closed the week below Y-0 and midpoint.
Outlook
Consolidation after wide range week is normal. If not for the stop run mid week we would have a perfect 50% consolidation week.
Y-0 rejected points to retest of Y-1 in play. Even if long side can stage a comeback it will take a better bottom to happen.
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