Trading Edges That Last
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Lawrence's Comment Recap Consolidation play around Y-1 then wild swings due to news shocks later in the week. Closed the week below Y-0 and near week high. Outlook Cable anchored itself to ...READ MORELawrence's Comment Recap Bullish scenario unfolded. 50% range of the week prior to last. Closed the week at midpoint and above Y+1. Outlook Strongest of the 3 indices. No weaknesses at all so ...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 MOREHot n Cold (EURUSD) 2015-5-15EURUSD Sep 14 to Sep 18 OutlookPrecog Vision – Forex 2017-11-7Precog Vision – Forex 2018-4-113DP Odds Table (EURUSD) 2021-11-16GBPUSD Jun 20 to Jun 24 Outlook3DP Odds Table (EURUSD) 2013-07-24Intraday Cycle Projection (EURUSD) 2021-08-11Nasdaq 100 Feb 13 to Feb 17 OutlookPrecog Vision – Forex 2015-9-15
As Featured In
EURUSD Jan 30 to Feb 03 Outlook
Lawrence’s Comment
More squeeze on the shorts again as euro zone feeding out more b.s. repeatedly over the week. Yet euro can only tag Y+2 and stalled. Last minute news shock on Friday sent euro to close above Y+2.
Outlook
The rally of euro is built on short squeeze. There is no reliable support to go long from on a pullback until B-1 area is tested.
Classic news driven squeeze can reach 200% target. That means Y+3 should be the cap for the move and tagging that early next week points to a pullback to B-0 likely.
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