Trading Edges That Last
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Lawrence's Comment Recap Tight range breakout to the upside. Tagged breakout target of Y+3. Closed the week near Y+3 and week high. Outlook Consolidation around B+1 likely until NFP Friday.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 Pushed above B+1 and 1.0 par level but failed to hold above that. Eventually broken down and dropped to Y-0. Closed the week above Y-0 and below ...READ MOREIntraday Cycle Projection (AUDUSD) 2016-04-29Dow 30 Dec 24 to Dec 28 OutlookNasdaq 100 Sep 30 to Oct 04 Outlook3DP Odds Table (AUDUSD) 2023-01-16Intraday Cycle Projection (AUDUSD) 2016-09-09Intraday Cycle Projection (AUDUSD) 2015-04-24Nasdaq 100 May 30 to Jun 03 OutlookPrecog Vision – Forex 2017-6-1USDCAD Nov 05 to Nov 09 OutlookUSDJPY Oct 28 to Nov 01 Outlook
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AUDUSD Jun 15 to Jun 19 Outlook
Lawrence’s Comment
Y-1 support forced a retest of Y-0. Y-0 failed to hold Aussie down and a jump to near Y+1 happened. Not enough fuel to get a test though. Closed the week above Y-0 and midpoint.
Outlook
Inside week with midpoints close to each other is giving us a strong weekly breakout play. Breakout targets B+3 / B-3.
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