Trading Edges That Last
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Lawrence's Comment Recap Unlike euro that has ECB defending the price level in the beginning of the week, cable was falling normally as expected back down to Y-1. Then the ...READ MORELawrence's Comment Recap Pullback to support zone mentioned last week. That held up well and sent ES striaght up to Y+1. FOMC announcement induced volatility and ended up resolving to the upside. ...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 2015-2-16Intraday Cycle Projection (EURUSD) 2019-02-19Precog Vision – Forex 2013-6-33DP Odds Table (EURUSD) 2018-06-25GBPUSD Feb 27 to Mar 02 OutlookS&P 500 Nov 02 to Nov 06 OutlookUSDJPY Dec 28 to Jan 01 OutlookPrecog Vision – Forex 2013-11-14EURUSD Jun 21 to Jun 25 Outlook3DP Odds Table (EURUSD) 2020-07-09
As Featured In
EURUSD Jul 28 to Aug 01 Outlook
Lawrence’s Comment
As expected, even after breaking Y-1 euro refused to go lower quickly. slow choppy action down to near Y-2. Closed the week near Y-2 and week low.
Outlook
1.33 target still in play. Bottom picking actions so far can lead to a decisive flush towards 1.33 this week. In turn, a temporary bottom will be put in place.
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