Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap As expected yen is stuck within the same range again once the euro zone crisis was showing some signs of stability in sight. Closed the week around midpoint ...READ MORELawrence's Comment Recap Beginning of the week a quick drop to Y-1 was rejected sending Dow back to Y-0. Then gap down to Y-2 right after the test yet failed ...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 Cable reacted strongly to the resistance zone mentioned last week and dropped lower since. Closed the week below Y-0 and at week low. Outlook Inside week down close. Bearish ...READ MORELawrence's Comment Recap Went higher as expected. The midweek wild swings in NQ was caused by the stock of Apple alone. The rest of the components (99 of them) contributed ...READ MOREUSDJPY Jun 27 to Jul 01 OutlookDow 30 Mar 12 to Mar 16 OutlookPrecog Vision – Forex 2015-9-4Intraday Cycle Projection (AUDUSD) 2016-11-22Intraday Cycle Projection (AUDUSD) 2021-04-29Intraday Cycle Projection (AUDUSD) 2015-02-03Intraday Cycle Projection (AUDUSD) 2017-07-043DP Odds Table (AUDUSD) 2014-11-28GBPUSD Sep 29 to Oct 03 OutlookNasdaq 100 Feb 20 to Feb 24 Outlook
As Featured In
AUDUSD Nov 04 to Nov 08 Outlook
Lawrence’s Comment
As expected, Aussie moved lower to Y-2 and stopped when 100% absolute range expansion was reached. Closed the week near week low and below Y-2.
Outlook
Aussie followed the path of gold last week trying to discover a support. Aussie sort of found one but slipped thru at the end.
If Aussie / Gold can bounce of their respective B-1 with a buy setup, we are looking for a complete reversal back up to B+1.
Normal discourse will be continuation drop down to below Y-3 with B-2 target.
Share