Trading Edges That Last
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Lawrence's Comment Recap As expected intervention triggered. But at least half of that disappeated by Friday close. Outlook This week due to the S&P downgrade, potential Fed and G8 inventions will throw all ...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 MOREPrecog Vision – Forex 2016-3-31Intraday Cycle Projection (EURUSD) 2018-05-03Precog Vision – Forex 2011-9-26Nasdaq 100 Jan 10 to Jan 14 OutlookGBPUSD Sep 18 to Sep 22 OutlookIntraday Cycle Projection (EURUSD) 2023-03-29USDJPY Aug 08 to Aug 12 OutlookIntraday Cycle Projection (EURUSD) 2022-08-10Precog Vision – Forex 2011-8-1Intraday Cycle Projection (EURUSD) 2011-06-02
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EURUSD Aug 15 to Aug 19 Outlook
Lawrence’s Comment
As oppose to make a move like Loonie, Aussie, or even Cable. Euro snapped out of its 3 pushes down channel but traded within the range of the week prior to last week. Closed the week at midpoint near Y-0.
Outlook
Inside week in place. Week midpoint at around the same level for 2 weeks. Euro is now in breakout mode meaning that trades within Y-1 upto Y+1 would mainly be noise only.
Wait for a strong move that trade outside of this range for direction.
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