Trading Edges That Last
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Lawrence's Comment Recap Sold off from resistance mentioned last week down to Y-2 target. Closed the week below Y-1 and near week low. Outlook Breaking below B-1 without testing B-0 first points ...READ MORELawrence's Comment Recap Consolidated around previous week close. Took out Y+1 as expected from the slight upside bias. Closed the week below midpoint and above Y-0. Outlook Y-0 next tell tale zone. Rejection of ...READ MOREEURUSD May 16 to May 20 Outlook3DP Odds Table (AUDUSD) 2016-05-25USDJPY Mar 18 to Mar 22 OutlookHot n Cold (AUDUSD) 2012-4-18Intraday Cycle Projection (AUDUSD) 2018-05-01Intraday Cycle Projection (AUDUSD) 2012-10-233DP Odds Table (AUDUSD) 2017-10-04Hot n Cold (AUDUSD) 2011-7-13EURUSD Apr 26 to Apr 30 OutlookIntraday Cycle Projection (AUDUSD) 2023-01-04
As Featured In
AUDUSD Oct 19 to Oct 23 Outlook
Lawrence’s Comment
Consolidation at 50% week range. Initial FBO against Y+1 led to a pullback to Y-0. Y-0 held and gave us a retest of Y+1. Closed the week above Y-0 and below midpoint.
Outlook
Consolidation after strong move often favour the continuation of the original trend. As long as Y-0 / B-1 holds, Aussie has a good chance to retest Y+1 and breakout above B+1.
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