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Lawrence's Comment Recap FBO on weekly confirmed. Continuation sell off waited until the very last moment to tag Y-2 target. Closed the week below Y-1 and midpoint. Outlook Y-1 / B-0 strong ...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 Looking for weaknesses last week and we got that. ES tagged the minimal 5% pullback for the seasonal bias and took off since. ES did not stop until hitting ...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 MORES&P 500 May 02 to May 06 Outlook3DP Odds Table (AUDUSD) 2021-07-283DP Odds Table (AUDUSD) 2021-01-11Precog Vision – Forex 2022-6-16Precog Vision – Forex 2020-11-9Intraday Cycle Projection (AUDUSD) 2013-11-22Intraday Cycle Projection (AUDUSD) 2020-12-29Hot n Cold (AUDUSD) 2012-8-23S&P 500 Oct 14 to Oct 18 OutlookPrecog Vision – Forex 2015-7-29
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AUDUSD May 13 to May 17 Outlook
Lawrence’s Comment
This pair caught me by surprise with a breakout to the downside. When Y-1 rejected the bounce we got a go for Y-3. Flushed all the way down to Y-4 before Aussie found support. Closed the week above Y-4 and below midpoint.
Outlook
Australia is now infected by the currency war hence it will move like them from now on. Without support from gold, Aussie will probably stuck at the bottom of the range around Y-4 this week. If Gold can rally back up early this week, looking for Aussie to bounce back up to B-0.
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