Trading Edges That Last
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Lawrence's Comment Recap The selloff in the beginning of the week failed to produce a lower low to break the up trend. Rallied to new high by midweek due to ...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 Aussie flushed to almost Y-2 before snapping back up to above Y-0 and then consolidated for the rest of the week. Closed the week above Y-1 and midpoint. Outlook Gold did ...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 MOREPrecog Vision – Forex 2023-5-2S&P 500 Oct 24 to Oct 28 OutlookPrecog Vision – Forex 2015-2-25Weekly Cycle Projection (EURUSD) 2020-07-13Hot n Cold (EURUSD) 2012-8-243DP Odds Table (EURUSD) 2018-02-13AUDUSD Mar 11 to Mar 15 OutlookPrecog Vision – Forex 2011-5-25AUDUSD Jun 04 to Jun 08 OutlookS&P 500 Jan 02 to Jan 06 Outlook
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EURUSD Dec 23 to Dec 27 Outlook
Lawrence’s Comment
Expectation of euro going lower paid off. FOMC announcement failed to swing euro above Y+1 and gave us the Y-2 target. Closed the week below Y-1 and midpoint.
Outlook
As long as B-0 acting as resistance, euro should consolidate with downside bias towards B-2.
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