Trading Edges That Last
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Content Review Euro is Stuck S&P Weekly Pullback Mostly Completed Gold Shaping Up for Next Move ...READ MORELawrence's Comment Recap Completely news driven. Euro simply zoom to the nearest target and then wait for the next news shock. Closed the week at Y-0 below midpoint. Outlook As long as ...READ MORELawrence's Comment Recap The best pair to trade last week. Breakout play from Y+1 to Y+2. A thin up channel in place giving us a potential top in the making. Lower high ...READ MORELawrence's Comment Recap Euro shot higher as expected to the target zone after going sideway earlier in the week. Closed above Y+1 and midpoint. Outlook Euro finally entered its longer term reisstance zone and ...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 MORE3DP Odds Table (EURUSD) 2012-11-07Precog Vision – Forex 2017-11-24MBO Issue 76 (Apr 2018) Count Down toEURUSD Jun 25 to Jun 29 OutlookUSDCAD Jul 25 to Jul 29 OutlookGBPUSD Oct 07 to Oct 11 OutlookEURUSD Mar 21 to Mar 25 OutlookPrecog Vision – Forex 2020-7-173DP Odds Table (EURUSD) 2018-04-26GBPUSD Feb 22 to Feb 26 Outlook
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EURUSD Feb 04 to Feb 08 Outlook
Lawrence’s Comment
Held right near Y+1 and then breakout to the upside again. Tagged Y+2 and paused. Zoomed to Y+3 and pullback from there since. Closed the week above Y+2 and midpoint.
Outlook
2nd leg push higher has its short term objective completed. As long as euro can form a top within B+1 to Y+3 area, a more significant pullback can take euro back down to Y+1 again.
Next week is likely to be capped by Y+4 and consolidate around Y+3.
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