Trading Edges That Last
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Lawrence's Comment Recap Euro bounced off Y-1 back to Y-0 / 1.10 long term support which is now strong resistance. Closed the week below Y-0 and above midpoint. Outlook Euro daily level ...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 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 The drop early in the week was stronger than expected. It cleared Y-1 and has been pressured below Y-1 since. That gave us Y-3 breakout play. Closed the week ...READ MORELawrence's Comment Recap Very nice rally off the support zone mentioned last week. Rally until 100% absolute range expansion completed. Y+2 rejected leading to a drop back down to Y+1. Closed the ...READ MOREContentReviewEuro Is StuckS&P Weekly Pullback Time Window Is OverGold Is Still In ConsolidationBig Picture SummaryReviewEuro holding up at the down channel boundary as expected.Weekly level rally resumed 2 days before ...READ MOREPrecog Vision – Forex 2015-9-11EURUSD Jul 27 to Jul 31 OutlookUSDJPY Jan 22 to Jan 26 OutlookPrecog Vision – Forex 2013-1-2Intraday Cycle Projection (EURUSD) 2021-01-29Precog Vision – Forex 2018-8-15USDCAD Jul 29 to Aug 02 OutlookNasdaq 100 Jul 28 to Aug 01 OutlookMBO Issue 107 (Nov 2020) K-Shaped Recovery, Really?3DP Odds Table (EURUSD) 2018-11-06
As Featured In
EURUSD Jun 01 to Jun 05 Outlook
Lawrence’s Comment
Started the week below Y-1 and failed to push back above. Dropped down to near Y-3 and found support. Bounced back up. Closed the week below Y-1 and near week high.
Outlook
Consolidation at 50% range below Y-1 is bearish. B+1 / Y-1 to B+2 is very strong resistance. As long as Euro cannot clear the zone, more downside is likely.
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