Trading Edges That Last
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Lawrence's Comment Recap Colsolidation around Y-1 until FOMC announcement. Test of 1.31 round # failed and led to equal distance drop down to week low. Closed the week below Y-1 and midpoint. ...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 Looking for a breakout and we got that at the end of the week. Ran straight to Y+2 as well. Closed at week high. Outlook Personally I missed the ...READ MORELawrence's Comment Recap Breached Y-0 from below early in the week. Simply consolidate around Y-0 since until Friday with a spike move ending the week. Closed the week near week ...READ MORE3DP Odds Table (EURUSD) 2020-04-20GBPUSD Sep 26 to Sep 30 Outlook3DP Odds Table (EURUSD) 2018-07-10Intraday Cycle Projection (EURUSD) 2013-12-303DP Odds Table (EURUSD) 2019-04-03Precog Vision – Forex 2021-7-2GBPUSD Jun 18 to Jun 22 OutlookHot n Cold (EURUSD) 2011-5-26AUDUSD Nov 26 to Nov 30 OutlookUSDCAD Sep 28 to Oct 02 Outlook
As Featured In
EURUSD Dec 22 to Dec 26 Outlook
Lawrence’s Comment
Euro FBO against Y+1 in thin trading environment gave us a go for the selloff target Y-1. No pullback whatsoever, Y-1 tagged by the end of the week. Closed the week below Y-1 and near week low.
Outlook
Weaknesses going into year end can lead to more selling, although not necessary flush like action as in last week. Holiday mode will limit the actions. Normal year end range is usually trapped within 150 pips.
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