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Lawrence's Comment Recap Y-0 did not act as support, so no fuel to go higher. Consolidation week closing below Y-0 and midpoint. Outlook 3rd week of compression in place. Breakout of this ...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 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 MOREUSDJPY Aug 13 to Aug 17 OutlookPrecog Vision – Forex 2016-11-17Intraday Cycle Projection (AUDUSD) 2017-09-27Intraday Cycle Projection (AUDUSD) 2014-07-09Weekly Cycle Projection (AUDUSD) 2014-12-29Intraday Cycle Projection (AUDUSD) 2017-07-14Precog Vision – Forex 2014-5-2S&P 500 Nov 08 to Nov 12 OutlookNasdaq 100 Dec 12 to Dec 16 OutlookPrecog Vision – Forex 2022-12-26
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AUDUSD Mar 21 to Mar 25 Outlook
Lawrence’s Comment
Behaved in very similar fashion like yen, except that Aussie closed above Y-2 and below Y-1.
Outlook
From weekly range tightening up to 3 weeks ago, and then downside expansion to Y-1 area 2 weeks ago, a trend change on daily level to the downside is now confirmed. What it means is that there will be limited upside potential for any attempt to go higher until a strong daily level bottom is developed.
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