Trading Edges That Last
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Lawrence's Comment Recap Retest of Y-1 is expected and tagged early in the week. Euro could not hold Y-1 and started a slide lower. Then SNB uncap Swiss Franc on Thursday sent ...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 Warned about intervention since beginning of the year. Here we go again - some did all they can to support the low grade bonds, spreading rumors of solutions ...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 MORELawrence's Comment Recap NQ finally joined the other 2 indices and sold off down to almost Y-3. Since then a major short squeeze caused by potential deal in US debt ceiling forced ...READ MOREIntraday Cycle Projection (AUDUSD) 2021-04-19EURUSD Jan 19 to Jan 23 OutlookIntraday Cycle Projection (AUDUSD) 2011-08-25Precog Vision – Forex 2021-11-19EURUSD Jan 23 to Jan 27 OutlookNasdaq 100 Dec 26 to Dec 30 OutlookHot n Cold (AUDUSD) 2012-10-12Precog Vision – Forex 2013-8-2Precog Vision – Forex 2022-8-26Nasdaq 100 Oct 14 to Oct 18 Outlook
As Featured In
AUDUSD Mar 07 to Mar 11 Outlook
Lawrence’s Comment
Y-1 failed to act as resistance giving us FBO against Y-1 and opened the door to Y+1. Y+1 cleared and Y+3 reversal breakout target tagged. Closed the week above Y+1 near week high.
Outlook
Overall weakening of USD across the board was the theme of last week. The run points to potential test of 0.75 round number above. Failing to hold above B+1 points to a steep fall back down to B-0 / Y+1.
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