Trading Edges That Last
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Lawrence's Comment Recap NQ was the only normal index out of the big 3 last week. Test of Y-0 gave us a break below Y-1. Found support at 3400 round number. Spike ...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 Retested Y+1 as expected. That led to a quick selloff back down to Y-0 and stopped there. Aussie bounced back up to week high zone and stalled. Closed the ...READ MORE3DP Odds Table (AUDUSD) 2020-09-10Precog Vision – Forex 2020-6-1Nasdaq 100 May 05 to May 09 OutlookIntraday Cycle Projection (AUDUSD) 2018-04-103DP Odds Table (AUDUSD) 2017-04-28Precog Vision – Forex 2017-12-18Intraday Cycle Projection (AUDUSD) 2020-05-14GBPUSD Sep 19 to Sep 23 Outlook3DP Odds Table (AUDUSD) 2013-03-15AUDUSD Jul 29 to Aug 02 Outlook
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AUDUSD Sep 09 to Sep 13 Outlook
Lawrence’s Comment
Took out 0.9 right from the beginning of the week. Then 1-2-3 buy gave us the breakout above Y+1 necessary for a run to Y+2. Aussie tagged Y+2 and consolidated around it since. Closed the week above Y+ 2 and near week high.
Outlook
The war-on / war-off effect fully messing with the price actions in Aussie. Bears were caught on the wrong side multiple times.
Most of the bears are cleaned out. Chart pattern suggests a pullback to B-0 is likely. I need to see a mini double top or 1-2-3 sell on hourly before I will commit to the sell side.
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