Trading Edges That Last
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Lawrence's Comment Recap There is a data problem with the chart. The high made in the beginning of the week was just a little above Y+1. It was a FBO against Y+1 ...READ MORELawrence's Comment Recap ES tagged Y-0 first before moving lower. That helped ES in finding support above the open gap below. FBO against Y-1 gave us a run back up to week ...READ MOREFor more information about this report please refer to the Market Bias Informant page Trading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MOREAUDUSD Dec 07 to Dec 11 OutlookEURUSD Nov 24 to Nov 28 OutlookAUDUSD Feb 22 to Feb 26 OutlookS&P 500 May 05 to May 09 Outlook3DP Odds Table (EURUSD) 2022-02-243DP Odds Table (EURUSD) 2018-09-21GBPUSD Oct 17 to Oct 21 OutlookPrecog Vision – Forex 2012-8-21Intraday Cycle Projection (EURUSD) 2020-08-27Hot n Cold (EURUSD) 2019-8-23
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EURUSD Apr 02 to Apr 06 Outlook
Lawrence’s Comment
Euro broken out to the upside after news shock. Stayed in a tight range above Y+1 since. Closed the week above Y+1.
Outlook
Critical week.
If euro can stay above Y+1 by end of week, the weekly breakout will be confirmed and that opens the door to higher price levels.
If euro failed to stay above Y+1 by end of week, it will turn into a false breakout on weekly level implying quick drop back down to B-3.
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