Trading Edges That Last
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Lawrence's Comment Recap Consolidation around Y+1 with obvious weaknesses as more of the time was spent below Y+1. Closed the week below Y+1 and midpoint. Outlook Potential DT in the making as mentioned last ...READ MORELawrence's Comment Recap Finally a flush lower was allowed. Y-2 downside target tagged. Then BOJ + Japanese government came out jawboning ninja into reversal. Closed the week above Y-0 and near week ...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) 2016-10-19EURUSD Jan 21 to Jan 25 OutlookIntraday Cycle Projection (AUDUSD) 2015-02-06Intraday Cycle Projection (AUDUSD) 2020-10-14USDJPY May 26 to May 30 OutlookIntraday Cycle Projection (AUDUSD) 2017-06-05Precog Vision – Forex 2022-10-13GBPUSD Jul 29 to Aug 02 OutlookIntraday Cycle Projection (AUDUSD) 2014-10-09Hot n Cold (AUDUSD) 2019-6-28
As Featured In
AUDUSD Oct 28 to Nov 01 Outlook
Lawrence’s Comment
Wild consolidation indeed. Aussie spiked up and down around Y+1 as expected and ended the week lower above Y-0 and near week low.
Outlook
Price above Y+1 is now decisively rejected. As long as B-0 / Y+1 is acting as resistance, B-2 is in play.
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