Trading Edges That Last
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Lawrence's Comment Recap Ninja took off as expected. All the way pushing near 1.06 target too until stopped by Y+5. Closed the week above Y+3 and near midpoint. Outlook 200% range expansion with 2nd ...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 Went higher as expected. Then consolidated above Y+1. Closed the week at week high. Outlook More upside expected early next week. Sudden reversal near Y+2 points to a drop ...READ MORE3DP Odds Table (AUDUSD) 2014-03-10Hot n Cold (AUDUSD) 2018-11-9Precog Vision – Forex 2023-2-14S&P 500 Jul 19 to Jul 23 OutlookUSDJPY Sep 08 to Sep 12 Outlook3DP Odds Table (AUDUSD) 2015-01-08Intraday Cycle Projection (AUDUSD) 2022-06-06Precog Vision – Forex 2014-12-93DP Odds Table (AUDUSD) 2020-12-16Dow 30 Aug 13 to Aug 17 Outlook
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AUDUSD Jul 22 to Jul 26 Outlook
Lawrence’s Comment
The outside week setup did not produce a direction for us. Instead, Aussie pushed all the way back up and consolidated within Y-1 to Y+1. Y-0 did not act as resistance at all. Closed the week near Y-0 and midpoint.
Outlook
Rare combination of outside week and then inside week. Signs of indecision.
The consolidation can continue until one side gives in.
Price pattern suggests potential retest of B+1 / Y+1 first following with continuation sell off to retest B-1.
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