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
Content Euro Hanging on a Thread S&P Finally Done with the Bounce Gold on Time to Move Higher ...READ MORELawrence's Comment Recap Consolidation at 50% week range. Initial FBO against Y+1 led to a pullback to Y-0. Y-0 held and gave us a retest of Y+1. Closed the week above Y-0 ...READ MORELawrence'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 MORELawrence's Comment Recap Whiplash played out as expected. got down to target around Y-3 before support is found. Closed the week below Y-2 and midpoint. Outlook A crossroad here for Aussie. Being ...READ MOREIntraday Cycle Projection (EURUSD) 2016-10-11Precog Vision – Forex 2022-3-43DP Odds Table (EURUSD) 2023-05-02MBO Issue 86 (Feb 2019) The Year ofAUDUSD Oct 19 to Oct 23 OutlookUSDJPY Sep 05 to Sep 09 OutlookNasdaq 100 Apr 01 to Apr 05 OutlookPrecog Vision – Forex 2017-11-13AUDUSD Nov 10 to Nov 14 OutlookWeekly Cycle Projection (EURUSD) 2019-07-15
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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