Trading Edges That Last
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Lawrence's Comment Recap Y-0 acted as support, gave us a go for more upside. Tried hard to push through Y+1 but ended up with 3 pushes pattern in place and snapped it ...READ MORELawrence's Comment Recap No breakout. Simply consolidated within Y-1 to Y-0. Outlook Y-0 is the resistance area we are looking for a clue for continuation selloff or a break of the ...READ MORELawrence's Comment Recap Breakout to the downside. Completed 200% range expansion then bounced. Closed at Y-3. Outlook Back to long term support zone 76-78 again. Consolidation below B-0 is expected with downside ...READ MOREUS Federal Reserve Open Market Committee (FOMC) made the announcement last Thursday that it is going to buy $40 billion MBS (mortgage backed securities) every month with no expiration date ...READ MOREPrecog Vision – Forex 2021-2-11USDCAD Feb 03 to Feb 07 OutlookGBPUSD Jul 04 to Jul 08 OutlookUSDJPY Jun 04 to Jun 08 Outlook3DP Odds Table (AUDUSD) 2014-04-04USDJPY Oct 03 to Oct 07 OutlookIntraday Cycle Projection (AUDUSD) 2015-06-293DP Odds Table (AUDUSD) 2020-07-293DP Odds Table (AUDUSD) 2012-05-03What does Fed Chairman, Mr. Bernanke, know that
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AUDUSD May 23 to May 27 Outlook
Lawrence’s Comment
Whole week was consolidation within Y-1 to Y-0. Closed the week right below Y-0.
Outlook
As stated previously, further weaknesses is expected. The past week formed a bear flag (or a weak upside channel). A break below B-0 means B-2 is in play.
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