Trading Edges That Last
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Lawrence's Comment Recap Consolidation around Y+1 at equal distance. 50% range bounded the week nicely. Closed the week near Y+1 and midpoint. Outlook As long as B+1 acting as resistance we ...READ MORE3DP Odds Table (AUDUSD) 2013-06-28Precog Vision – Forex 2011-11-9USDJPY Mar 04 to Mar 08 OutlookNasdaq 100 Jul 24 to Jul 28 OutlookDow 30 Nov 02 to Nov 06 OutlookGBPUSD May 14 to May 18 OutlookHot n Cold (AUDUSD) 2012-11-6Intraday Cycle Projection (AUDUSD) 2012-09-133DP Odds Table (AUDUSD) 2012-05-21Weekly Cycle Projection (AUDUSD) 2022-05-23
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AUDUSD Sep 21 to Sep 25 Outlook
Lawrence’s Comment
Previous week close support sent Aussie straight up to Y+2. Mild pullback and then reacted wildly to FOMC announcement. Closed the week near Y+2 and above midpoint.
Outlook
The original tight up channel / rising wedge formed since 2 weeks ago is still in force. As long as B-0 acting as support early in the week, Aussie will retest B+1.
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