Trading Edges That Last
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Lawrence's Comment Recap Sold off to B-2 as expected early in the week. Rallied all the way back to challenge Y-0 and failed. Closed the week at midpoint and above Y-1. Outlook ES ...READ MORELawrence's Comment Recap As oppose to test and fill the gap above, first move of the week broken the Y-1 support. That tells us Y-2 and Y-3 were in play and ...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 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 MORE3DP Odds Table (AUDUSD) 2020-10-22S&P 500 May 23 to May 27 OutlookIntraday Cycle Projection (AUDUSD) 2011-04-14Intraday Cycle Projection (AUDUSD) 2021-09-28AUDUSD Aug 06 to Aug 10 Outlook3DP Odds Table (AUDUSD) 2012-05-02S&P 500 Mar 21 to Mar 25 OutlookPrecog Vision – Forex 2015-3-53DP Odds Table (AUDUSD) 2018-08-09Precog Vision – Forex 2013-11-15
As Featured In
AUDUSD Jun 10 to Jun 14 Outlook
Lawrence’s Comment
Aussie breakout upside tagged Y+2 yet failed to hold Y+1 giving us a FBO setup with Y-1 and Y-2 targets. Flushed down to Y-2 and bounced. Failed to clear Y-0 and sold off back down. Closed the week below Y-1 and midpoint.
Outlook
Aussie simply followed every move in gold as gold was trying to breakout upside from its current trading range. This will likely continue into this week. Once gold find a direction, so will Aussie.
If Aussie is trading on its own, the whiplash action points to more downside as it failed to hold its upside breakout and Y-0 acted as resistance. As long as Y-1 acting as resistance, Y-3 and B-2 is in play.
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