Trading Edges That Last
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Lawrence's Comment Recap Sold off to Y-3. Bounced back up to Y-1 which acted as resistance. Ended the week below Y-1 and above midpoint. Outlook Unlike cable, euro sold off so hard that ...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 MORE3DP Odds Table (EURUSD) 2015-04-173DP Odds Table (EURUSD) 2015-12-25Intraday Cycle Projection (EURUSD) 2022-02-14Dow 30 May 17 to May 21 OutlookPrecog Vision – Forex 2022-12-12Intraday Cycle Projection (EURUSD) 2015-12-15Intraday Cycle Projection (EURUSD) 2016-12-01EURUSD Jul 18 to Jul 22 OutlookPrecog Vision – Forex 2022-2-1Intraday Cycle Projection (EURUSD) 2015-02-16
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EURUSD Dec 07 to Dec 11 Outlook
Lawrence’s Comment
Mario Draghi nuked the Euro melt down move and sparked a stop run of almost 500 pips. Closed near Y+4 and above midpoint.
Outlook
Seasonal effect on Euro is strong and lots of trapped shorts will be eager to cover at B-0 and slightly below, the reduced liquidity during the holiday season means more up drift is likely.
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