Trading Edges That Last
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Lawrence's Comment Recap ECB surprised the world with its QE last week. Euro consolidated until the leak of the announcement and dropped straight down. Closed the week below Y-2 and midpoint. ...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 Opened the week below previous week low (Y-1) and spring back up. Gap up next to clear the previous week midpoint pointed to test of previous week ...READ MOREIntraday Cycle Projection (AUDUSD) 2014-06-10Dow 30 Mar 14 to Mar 18 OutlookHot n Cold (AUDUSD) 2019-4-19EURUSD Jan 26 to Jan 30 OutlookPrecog Vision – Forex 2014-1-29Precog Vision – Forex 2019-3-4Intraday Cycle Projection (AUDUSD) 2023-01-03Nasdaq 100 Feb 07 to Feb 11 OutlookUSDJPY May 29 to Jun 02 OutlookIntraday Cycle Projection (AUDUSD) 2013-03-26
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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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