Trading Edges That Last
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Lawrence's Comment Recap Pushed above Y+1 following the up channel play but failed to hold above Y+1. That set the stage for a test of Y-0. Broken the channel to the downside ...READ MORELawrence's Comment Recap Y-0 support and then breakout to upside target mentioned last week. Stalled when getting near Y+3. Closed the week above Y+2 and near week high. Outlook weekly consolidation / ...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 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 MOREUSDCAD May 03 to May 07 OutlookAUDUSD Jul 23 to Jul 27 Outlook3DP Odds Table (AUDUSD) 2015-01-16Intraday Cycle Projection (AUDUSD) 2017-08-21USDCAD Jun 03 to Jun 07 OutlookUSDJPY Feb 01 to Feb 05 OutlookUSDJPY Oct 04 to Oct 08 OutlookPrecog Vision – Forex 2021-10-19Intraday Cycle Projection (AUDUSD) 2020-10-08Precog Vision – Forex 2013-3-7
As Featured In
AUDUSD Sep 23 to Sep 27 Outlook
Lawrence’s Comment
Gapped higher at the start of the week and consolidated around Y+1 since. Fed meeting sent gold way higher and Aussie jumped higher in sync. Closed the week below midpoint and above Y+1.
Outlook
Aussie closed weak but not weak enough to signal a selloff. Aussie has to move out of the zone Y+1 to Y+2 before we can tell which direction is in control. Breakout play.
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