Trading Edges That Last
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Lawrence's Comment Recap Rallied to Y+2 as expected after breakout of Y+1 and that it turns into support. Closed the week near Y+2 and week high. Outlook Rising wedge on 4 hour ...READ MORELawrence's Comment Recap The easy play of the week. Cable dropped below Y-1 and snap back up immediately gave us the long setup. Steady up drift. Closed the week above Y-0 and ...READ MORELawrence's Comment Recap As expected, another tight range week going nowhere. Closed the week near week high above Y-0. Outlook 2nd inside week in place. Looking for breakout that sends cable to ...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) 2021-10-06Precog Vision – Forex 2017-9-4Intraday Cycle Projection (AUDUSD) 2017-10-16AUDUSD Aug 06 to Aug 10 OutlookUSDJPY Jul 20 to Jul 24 OutlookGBPUSD Mar 03 to Mar 07 OutlookAUDUSD Feb 27 to Mar 03 Outlook3DP Odds Table (AUDUSD) 2016-03-25GBPUSD Aug 13 to Aug 17 OutlookPrecog Vision – Forex 2020-12-29
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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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