Trading Edges That Last
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Lawrence's Comment Recap Dow pushed higher as expected. NFP week pattern played out nicely. Closed the week above Y+1 and near week high. Outlook NFP week is over so a surprise take ...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 MORE3DP Odds Table (AUDUSD) 2013-12-09USDJPY Oct 19 to Oct 23 Outlook3DP Odds Table (AUDUSD) 2022-08-17Intraday Cycle Projection (AUDUSD) 2018-11-27Precog Vision – Forex 2013-3-29Intraday Cycle Projection (AUDUSD) 2021-10-20Precog Vision – Forex 2015-6-29EURUSD Jun 12 to Jun 16 OutlookDow 30 Nov 10 to Nov 14 OutlookPrecog Vision – Forex 2017-10-16
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AUDUSD Nov 21 to Nov 25 Outlook
Lawrence’s Comment
Pulled back to resistance area and sold off again to restest Y-1. Then failed to push above the midpoint of the week at that time and resulted in new low below Y-1. Closed the week below Y-1.
Outlook
External factors are affecting Aussie due to its metal currency status. The selloff in past week is a tight down channel that will be broken.
Any breakout above Y-1 will send Aussie back up to Y+1 quickly.
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