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Lawrence's Comment Recap Similar to NQ with stronger price action, ES did not breach previous week low (Y-1) and take off right from there. Spent 2 days defending previous 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 MORELawrence's Comment Recap What normal? Another continuous drift higher until round number 13900 was tagged. Led to the usual 100 points pullback. Then extreme reaction to the level with a gap up ...READ MORES&P 500 Feb 07 to Feb 11 OutlookUSDCAD Dec 05 to Dec 09 OutlookNasdaq 100 Oct 31 to Nov 04 OutlookPrecog Vision – Forex 2013-10-11Dow 30 Feb 04 to Feb 08 OutlookIntraday Cycle Projection (AUDUSD) 2015-09-22Weekly Cycle Projection (AUDUSD) 2011-10-17Intraday Cycle Projection (AUDUSD) 2014-07-18Weekly Cycle Projection (AUDUSD) 2021-04-05Intraday Cycle Projection (AUDUSD) 2022-10-24
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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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