Trading Edges That Last
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Lawrence's Comment Recap Consolidation around Y+1 as expected until Fed minute released mid week. The quick sell off was met with aggressive buying. Closed the week above Y+1 and at week high. Outlook The ...READ MORELawrence's Comment Recap Perfect breakdown from the beginning of the week gave us a very volatile move down to my target from last week. Not an easy ride down at all. Closed ...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 MOREPrecog Vision – Forex 2011-7-20Precog Vision – Forex 2022-12-28Precog Vision – Forex 2014-5-22Dow 30 Nov 25 to Nov 29 OutlookDow 30 Aug 12 to Aug 16 Outlook3DP Odds Table (AUDUSD) 2021-11-123DP Odds Table (AUDUSD) 2016-04-283DP Odds Table (AUDUSD) 2014-09-17Precog Vision – Forex 2018-6-13Intraday Cycle Projection (AUDUSD) 2016-11-28
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AUDUSD Sep 28 to Oct 02 Outlook
Lawrence’s Comment
Y-0 failed to act as support and turned into resistance. Channel break down led to test of the start of the channel which is Y-2. Found support at Y-2 and bounced. Closed the week below Y-1 and midpoint.
Outlook
Y-1 / B-0 strong resistance until proven otherwise. Retest of B-1 likely.
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