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 MOREFor more information about this report please refer to the Market Bias Informant page Trading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MORE
Recap of last week Did not post a chart on this pair last week as it was not clear if we were having a spike and ledge or just ...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 Slow drift back down near Y-0 as expected. Then took off and tagged Y+1. Pushing higher since. Closed the week above Y+1 and midpoint. Outlook I was looking for Y+2 by ...READ MORE3DP Odds Table (EURUSD) 2011-09-29Precog Vision – Forex 2018-11-5Precog Vision – Forex 2012-12-6Hot n Cold (EURUSD) 2011-6-13DP Odds Table (EURUSD) 2012-01-06EURAUD Week of Nov 8 – 12 OutlookNasdaq 100 Feb 21 to Feb 25 OutlookPrecog Vision – Forex 2012-6-4Nasdaq 100 Oct 21 to Oct 25 OutlookGBPUSD Mar 25 to Mar 29 Outlook
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EURUSD Dec 09 to Dec 13 Outlook
Lawrence’s Comment
Mentioned last week euro support is Y-0 and there we got the heated fights 3 times within the week. At the end the bears are toasted with Y+2 upside target tagged by end of the week. Closed the week near Y+2 and week high.
Outlook
This is the potential swing top zone for euro. Last few times we got weekly spike highs like this coincided with major European government bonds offering. No difference this time. Once the dust settle and that euro close below Y+1 / B-0 on weekly close basis, we have a weekly spike top.
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