Trading Edges That Last
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Lawrence's Comment Recap Aussie carried higher as gold holding onto its gain last week. Spiked through Y-0 but failed to clear the resistance. Closed the week below Y-0 and midpoint. Outlook Consolidation after wide ...READ MORELawrence's Comment Recap First week of the year found resistance at Y-0 and selloff down to Y-3. Closed the week near Y-3 and week low. Outlook USD strength across the board against ...READ MOREPrecog Vision – Forex 2021-6-18Precog Vision – Forex 2019-10-7Intraday Cycle Projection (AUDUSD) 2022-09-14Weekly Cycle Projection (AUDUSD) 2013-06-24AUDUSD Jul 14 to Jul 18 Outlook3DP Odds Table (AUDUSD) 2020-10-14GBPUSD Jan 11 to Jan 15 OutlookHot n Cold (AUDUSD) 2011-10-63DP Odds Table (AUDUSD) 2023-03-13USDCAD Feb 13 to Feb 17 Outlook
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AUDUSD Oct 14 to Oct 18 Outlook
Lawrence’s Comment
Consolidation around Y+1 / previous week close area. Bounded within 50% previous week range. Closed the week at Y+1 and above midpoint.
Outlook
Fought very hard to hold the Y+1 level but still no clear winner yet. Can’t blame them because gold collapsed back down and usual Aussie is forced to follow. Obviously, lots of hope built up in Aussie that gold would go higher.
A rounding top in the making if B-0 fails to hold this up. Target below B-2.
As long as B-0 is acting as support, looking for B+2 very soon.
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