Trading Edges That Last
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Lawrence's Comment Recap The above Y-2 bottoming scenario unfolded. Double bottom with a run to Y+1 by end of the week. Closed the week above Y-0 and at week high. Outlook B-0 ...READ MOREPrecog Vision – Forex 2014-1-23DP Odds Table (EURUSD) 2018-01-30Intraday Cycle Projection (EURUSD) 2011-06-07Intraday Cycle Projection (EURUSD) 2022-04-08Precog Vision – Forex 2018-9-11AUDUSD Jan 12 to Jan 16 OutlookIntraday Cycle Projection (EURUSD) 2015-09-28Intraday Cycle Projection (EURUSD) 2014-12-173DP Odds Table (EURUSD) 2018-10-293DP Odds Table (EURUSD) 2017-01-16
As Featured In
EURUSD Jan 16 to Jan 20 Outlook
Lawrence’s Comment
Tried to pull off a bounce from Y-1 but stalled right at the resistance we mentioned last week and dropped to new low. Closed the week below Y-1.
Outlook
Intervention (sort of) by ECB and European officials earlier in the week proven useless.
The target 1.25 area mentioned last week is still in play. Early part of next week can be a roller coaster ride down to 1.25 and it is possible that euro can bounce all the way back up by end of the week.
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