Trading Edges That Last
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Lawrence's Comment Recap NQ dropped in sync with Dow and S&P. Outlook See comments on Dow. This week due to the S&P downgrade, potential Fed and G8 inventions will throw all markets into ...READ MORELawrence's Comment Recap Uptrend intact in beginning of the week gave us the Y+2 target. Then violent takedown breached Y-0 key up channel support. Waterfall effect brought cable straight down to Y-3 ...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 Failed to break above previous week close right from the start led to a flush to Y-2 before a bounce can happen. The bounce failed to go ...READ MORELawrence's Comment Recap Euro bounced off Y-1 back to Y-0 / 1.10 long term support which is now strong resistance. Closed the week below Y-0 and above midpoint. Outlook Euro daily level ...READ MORENasdaq 100 Aug 08 to Aug 12 OutlookEURUSD Apr 27 to May 01 OutlookGBPUSD Aug 31 to Sep 04 OutlookPrecog Vision – Forex 2015-3-4Weekly Cycle Projection (AUDUSD) 2016-08-01USDJPY Jul 23 to Jul 27 OutlookEURUSD Jul 27 to Jul 31 OutlookHot n Cold (AUDUSD) 2012-3-13EURUSD Dec 02 to Dec 06 OutlookGBPUSD Aug 03 to Aug 07 Outlook
As Featured In
AUDUSD Mar 10 to Mar 14 Outlook
Lawrence’s Comment
Aussie was the easy play last week. As Y-0 was breached, the down channel was broken giving us upside target of Y+1 and above. Aussie zoomed back up to Y+2. Closed the week above Y+1 and midpoint.
Outlook
Gold pushed further up giving Aussie the push necessary to break its downtrend. From here though Aussie needs to absorb the run up. Consolidation around Y+1 with 50% range is expected.
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