Trading Edges That Last
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Lawrence's Comment Recap Retest of Y+1 first, then stalled and failed to hold above Y-0. Flushed to the natural target of Y-1 and closed at the low of the week. Outlook The slow ...READ MORELawrence's Comment Recap The expected messy drift towards our resistance zone covered most part of the week. Once the resistance zone was tagged, a quick selloff took the pair back down ...READ MORELawrence's Comment Recap Instead of sharp bounce to Y-0 resistance, we got a gap open in the beginning of the week. No strength to challenge Y-0 at all. Continuation selloff sent cable ...READ MOREUSDJPY May 30 to Jun 03 OutlookEURUSD May 23 to May 27 OutlookWeekly Cycle Projection (EURUSD) 2017-02-20Hot n Cold (EURUSD) 2021-1-29Hot n Cold (EURUSD) 2011-10-63DP Odds Table (EURUSD) 2022-06-01Intraday Cycle Projection (EURUSD) 2018-05-30GBPUSD Aug 25 to Aug 29 OutlookDow 30 Mar 30 to Apr 03 OutlookNasdaq 100 Jan 24 to Jan 28 Outlook
As Featured In
EURUSD Apr 13 to Apr 17 Outlook
Lawrence’s Comment
Test of Y+1 led to clean drop to below Y-0 triggering Y-1 target. Y-0 acted as resistance since giving us Y-1 quickly and Y-2 eventually. Closed the week below Y-1 and near week low.
Outlook
Weekly down trend resumed. Y-1 / B-0 strong resistance. Next stop below will be below 1.04.
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