Trading Edges That Last
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Lawrence's Comment Recap Rallied to the upside target of Y+2. Found resistance and sold off back down to Y-0 support. Y-0 could not hold it up, resulted in directional slide down to ...READ MORELawrence's Comment Recap ES failed to clear 1650 and dropped down to the gap below as expected. Multiple 75% swings producing a triangle pattern on 30-min. Closed the week below Y-0 and ...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 MORELawrence's Comment Recap Attempt to break above Y+1 failed and led to a test of Y-1. Support found above Y-1. Closed the week below Y-0 and midpoint. Outlook Inside week points to ...READ MORELawrence's Comment Recap As expected, Aussie moved lower to Y-2 and stopped when 100% absolute range expansion was reached. Closed the week near week low and below Y-2. Outlook Aussie followed the path of ...READ MOREPrecog Vision – Forex 2017-2-22AUDUSD Jan 20 to Jan 24 OutlookS&P 500 Jun 17 to Jun 21 OutlookPrecog Vision – Forex 2013-6-28Precog Vision – Forex 2021-3-8EURUSD Jun 01 to Jun 05 OutlookNasdaq 100 Aug 09 to Aug 13 OutlookUSDJPY Aug 15 to Aug 19 OutlookAUDUSD Nov 04 to Nov 08 OutlookHot n Cold (EURUSD) 2012-4-18
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EURUSD Apr 07 to Apr 11 Outlook
Lawrence’s Comment
Euro went lower as expected. Strong reaction several times to stop the drop yet not able to change the course. Closed the week below Y-1 and midpoint.
Outlook
Critical week with euro sitting right above longer term support. Longer term resistance Y-0 to Y+1 will be difficult to break. That staged a potential fight back up to Y+1 / B+2.
As long as euro stays below B-0 / Y-0, more downside is expected. Once this zone is cleared, euro has a good chance to rally to Y+1.
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