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Lawrence's Comment Recap Bullish bias worked out. Y-0 support gave us a test of Y+1. Closed the week near Y+1 and week high. Outlook Upside breakout points to B+2 and B+3. FBO ...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 Y-1 was breached in the beginning of the week but not even close to Y-2. After tagging Y-0 and failed to clear that we got it retest of Y-1 ...READ MORELawrence's Comment Recap Blow-off action on Monday led to the expected pullback of 30 points. Closed the week below Y-0 and midpoint. Outlook Potential blow-off top on weekly. Y-0 / B-0 strong resistance. A ...READ MOREUSDCAD Aug 24 to Aug 28 OutlookIntraday Cycle Projection (AUDUSD) 2018-04-023DP Odds Table (AUDUSD) 2021-07-13Intraday Cycle Projection (AUDUSD) 2023-01-20Intraday Cycle Projection (AUDUSD) 2011-04-29Precog Vision – Forex 2018-4-43DP Odds Table (AUDUSD) 2019-10-07USDCAD Nov 11 to Nov 15 Outlook3DP Odds Table (AUDUSD) 2018-04-24S&P 500 Jun 16 to Jun 20 Outlook
As Featured In
AUDUSD Mar 04 to Mar 08 Outlook
Lawrence’s Comment
Did not get the upside breakout I am looking for. Aussie failed to push higher and slided down to below Y-1. Pullback failed to clear Y-0 and selloff from there. Closed the week below Y-1 and near week low.
Outlook
Gold has been in a wild ride last week and that prevented Aussie from forming a base.
Gold is sitting at its long term support zone right now. If it fails to hold this current level there is no support in sight within $100. So pay attention on gold for clues if Aussie is going to bottom out this week.
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