Trading Edges That Last
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Lawrence's Comment Recap Previous week close rejected and acted as resistance since. We know that bulls and bears have a wide middle ground between 1.35 to 1.37. Since 1.37 was rejected, back ...READ MORELawrence's Comment Recap Another week of going nowhere as expected. Gold's strength has helping Aussie to stay above Y-0 most of the week. Closed the week above Y-0 and midpoint. Outlook Reduced range with ...READ MORELawrence's Comment Recap NQ gapped higher above Y+1 hence started a light volume short squeeze. 50% range acted as resistance and a quick pullback to week mid before closing higher. Closed the ...READ MOREPrecog Vision – Forex 2013-8-1Intraday Cycle Projection (EURUSD) 2012-07-12Intraday Cycle Projection (EURUSD) 2022-07-21EURUSD Feb 03 to Feb 07 Outlook3DP Odds Table (EURUSD) 2016-09-20AUDUSD Jun 30 to Jul 04 OutlookIntraday Cycle Projection (EURUSD) 2020-11-26AUDUSD Jun 29 to Jul 03 OutlookAUDUSD Nov 26 to Nov 30 OutlookNasdaq 100 Jun 02 to Jun 06 Outlook
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EURUSD Dec 16 to Dec 20 Outlook
Lawrence’s Comment
Travelled higher to Y+2. Found resistance and moved back down to Y+1. Closed the week above Y+1 and below midpoint.
Outlook
As mentioned last week, Euro somehow loves to rally into their bond promotions and then collapse right after. If Euro breaks B-1 / Y-1 and that turns into resistance, we will get a swing top good for months to come.
Holiday mode trading means euro can lock itself into a tight range between B-2 to B-0 over the coming 2 to 3 weeks.
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