Trading Edges That Last
- You May Also Like
Recap of last week Gap above the resistance area (yellow zone) and sell back down to test the zone from above. Yellow zone acted as support, leading to a ...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 MOREIntraday Cycle Projection (EURUSD) 2017-06-13S&P 500 Week of Dec 13th to DecPrecog Vision – Forex 2013-2-4Hot n Cold (EURUSD) 2015-5-1Dow 30 Jan 07 to Jan 11 OutlookIntraday Cycle Projection (EURUSD) 2021-04-233DP Odds Table (EURUSD) 2019-08-05Precog Vision – Forex 2018-11-8Intraday Cycle Projection (EURUSD) 2022-04-12Nasdaq 100 Feb 25 to Mar 01 Outlook
As Featured In
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”.
Share