Trading Edges That Last
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Lawrence's Comment Recap Pretty much behaved exactly like Dow. Closed the week near week high and Y+2. Outlook The IHS in place that is visible on 30-min and hourly points to a run to ...READ MORELawrence's Comment Recap Expected to see lower price and we got that. It turned into a FBO against Y-1 which triggered the Y+1 target. Y+1 only offered a pause. Closed the week ...READ MOREIntraday Cycle Projection (AUDUSD) 2012-03-19Hot n Cold (AUDUSD) 2019-2-22Precog Vision – Forex 2014-8-8S&P 500 Mar 11 to Mar 15 OutlookUSDCAD Oct 28 to Nov 01 Outlook3DP Odds Table (AUDUSD) 2014-04-073DP Odds Table (AUDUSD) 2018-05-23Intraday Cycle Projection (AUDUSD) 2011-08-08Dow 30 Oct 25 to Oct 29 OutlookWeekly Cycle Projection (AUDUSD) 2016-07-25
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AUDUSD Jun 03 to Jun 07 Outlook
Lawrence’s Comment
Spike bottom happened before midweek yet failed to push above Y-0. Closed the week below Y-1 and midpoint.
Outlook
The first try to find a bottom failed. The week turned into consolidation around Y-1. That is bearish until B+1 is cleared.
As long as B+1 acting as resistance, more downside is expected.
Once B+1 is cleared, a quick run to Y+1 is in play.
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