Trading Edges That Last
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Lawrence's Comment Recap Intervention effect mostly erased by Thursday. Yet, after 100% absolute range established, NQ found the excuse to go higher and closed the week above midpoint and previous ...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 MOREIntraday Cycle Projection (EURUSD) 2015-10-13Intraday Cycle Projection (EURUSD) 2021-11-29Precog Vision – Forex 2015-11-25EURUSD Mar 27 to Mar 31 OutlookNasdaq 100 Dec 12 to Dec 16 OutlookPrecog Vision – Forex 2014-1-233DP Odds Table (EURUSD) 2022-09-053DP Odds Table (EURUSD) 2012-02-14Hot n Cold (EURUSD) 2012-5-163DP Odds Table (EURUSD) 2020-11-03
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EURUSD Apr 01 to Apr 05 Outlook
Lawrence’s Comment
Pusher higher in the beginning of the week to fill the gap above but failed. News hit the wire before it was done. Euro collapsed back down to Y-2 before it can find real support. Closed the week below Y-1 and midpoint.
Outlook
Still news driven environment for Euro. Cyprus trouble is not even close to being resolved. This repeated problem of more crisis showing up will discourage people from putting money into euro. Hence there is no short term liquidity support at all. A slide to 1.26 the longer term support zone is not out of the question.
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