Trading Edges That Last
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Lawrence's Comment Recap Another week attempting to bottom out from this area. Closed the week back at Y-0 after initial selloff down to Y-1. Outlook Holding above B-0 as support and then ...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 MOREContentReviewEuro Searching for a BottomS&P Correction Over?Gold Complex Top in the MakingBitcoin Survived10-Year Note Yield Target ReachedBig Picture SummaryReviewEuro trying hard to hold the channel expansion target with extreme swings ...READ MORELawrence's Comment Recap ES holding up around Y+1 first half of the week. Since then breakout of the tight range to the upside. Y+2 tagged and produced a pause. Closed the week ...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 MOREIntraday Cycle Projection (AUDUSD) 2017-09-28Intraday Cycle Projection (AUDUSD) 2012-04-23Weekly Cycle Projection (AUDUSD) 2016-05-16USDCAD Feb 27 to Mar 02 OutlookPrecog Vision – Forex 2015-5-1USDCAD Mar 20 to Mar 24 OutlookHot n Cold (AUDUSD) 2012-3-26MBO Issue 124 (April 2022) Risk of ExtremeS&P 500 Oct 26 to Oct 30 OutlookPrecog Vision – Forex 2011-6-23
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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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