Trading Edges That Last
- You May Also LikeFor 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 MORE
Lawrence's Comment Recap Y+1 support helped ninja to push straight up to Y+3 breakout target. Closed the week near Y+3 and above midpoint. Outlook Initial run probably done. Y+3 resistance will signal ...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 MOREBear Putting is the concept of taking advantage of an established down move to capture a part of the move from its remaining momentum to the down side. Similar to ...READ MOREDow 30 May 08 to May 12 OutlookGBPUSD Feb 01 to Feb 05 OutlookPrecog Vision – Forex 2022-7-6EURUSD Jan 02 to Jan 06 OutlookUSDJPY Sep 05 to Sep 09 OutlookIntraday Cycle Projection (EURUSD) 2017-09-04Intraday Cycle Projection (EURUSD) 2013-03-27Precog Vision – Forex 2018-1-19Forex Trading Open Secrets: Euro Dollar Bear Putting3DP Odds Table (EURUSD) 2020-08-24
As Featured In
EURUSD Dec 02 to Dec 06 Outlook
Lawrence’s Comment
Mentioned hands off this pair last week. It was a good decision. Euro managed to hold Y-0 and pushed higher since. Not only did it managed to clear Y+1, it also bounced off Y+1 as support to push higher again until end of week sellers stopped the move. Closed the week near Y+1 and above midpoint.
Outlook
Euro has met its sellers at B+1. As long as euro cannot push above B+2 this week, a swing top will likely form. Once euro trading below B-0 and stays below, it will be forced to go back down to at least B-2.
Share