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Quid Piker is a mechanical forex trading system designed to trade British Pound. It is profitable consistently since it was created more than 10 years ago. It is not a ...READ MORELawrence's Comment Recap Did not tag the upside target after the expected consolidation in the first half of the week (disappointed). Breaking below the week low in mid-week however gave us ...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 MORELawrence's Comment Recap Y-0 acted as support and Aussie zoomed up above Y+1. Closed the week at around Y+1. Outlook If Y+1 to B+1 turning into resistance, we likely get a selloff back ...READ MORELawrence's Comment Recap News shock turning the consolidation from the beginning of the week into a odd shaped inverse head and shoulder breaking above Y+1. Minimum target Y+2 of breaking above ...READ MOREForex Trading Signal: Quid PikerHot n Cold (EURUSD) 2021-1-1GBPUSD Jun 06 to Jun 10 OutlookPrecog Vision – Forex 2014-10-20AUDUSD Jan 02 to Jan 06 OutlookHot n Cold (EURUSD) 2017-10-6Hot n Cold (EURUSD) 2012-9-4Intraday Cycle Projection (EURUSD) 2015-11-23Hot n Cold (EURUSD) 2011-6-24GBPUSD Oct 17 to Oct 21 Outlook
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EURUSD Apr 16 to Apr 20 Outlook
Lawrence’s Comment
Euro drifted up exactly as expected and tagged Y-0 before turning down sharply. Closed near Y-1 with 50% range of prior week.
Outlook
A break of B-1 will likely giving just B-2 and B-3 quickly. That means tagging the previous year close.
Be very careful when that happens because government officials can kick start major intervention when they find an excuse that the “irrational currency movement is endangering the euro zone economy”.
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