Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Failed to go higher as expected, broken below Y-0. Target of Y-1 reached by end of the week. Closed the week near Y-1. Outlook As long as B-0 acting as ...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 MORE3DP Odds Table (AUDUSD) 2012-02-20GBPUSD Feb 27 to Mar 03 OutlookIntraday Cycle Projection (AUDUSD) 2019-03-123DP Odds Table (AUDUSD) 2018-04-12Intraday Cycle Projection (AUDUSD) 2015-09-23Intraday Cycle Projection (AUDUSD) 2023-03-29USDCAD Dec 26 to Dec 30 OutlookUSDJPY Dec 13 to Dec 17 OutlookPrecog Vision – Forex 2012-12-24Intraday Cycle Projection (AUDUSD) 2015-09-07
As Featured In
AUDUSD Jun 30 to Jul 04 Outlook
Lawrence’s Comment
Another week of going nowhere as expected. Gold’s strength has helping Aussie to stay above Y-0 most of the week. Closed the week above Y-0 and midpoint.
Outlook
Reduced range with both Y+1 and Y-0 rejected decisively means breakout play. As long as Aussie is within the range of B+1 / Y+1 and B-1 / Y-0 the expectation is that Aussie will stay in the range.
Once Aussie can move out of the range, will take that as the direction for the next swing.
Share