Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Opened the week below previous week low (Y-1) and spring back up. Gap up next to clear the previous week midpoint pointed to test of previous week ...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 Y-0 resistance sent Euro lower. Y-1 not strong support as explained last time. Euro found support after 100% absolute range expansion to the down side. Strong bounce back up ...READ MORENasdaq 100 Feb 07 to Feb 11 OutlookPrecog Vision – Forex 2018-2-20Nasdaq 100 Nov 05 to Nov 09 OutlookIntraday Cycle Projection (EURUSD) 2020-11-05Weekly Cycle Projection (EURUSD) 2021-05-03USDCAD May 01 to May 05 OutlookIntraday Cycle Projection (EURUSD) 2019-08-30Precog Vision – Forex 2021-11-3Intraday Cycle Projection (EURUSD) 2020-06-08EURUSD Nov 23 to Nov 27 Outlook
As Featured In
EURUSD Jun 15 to Jun 19 Outlook
Lawrence’s Comment
Above 1.12 resistance continues to cap the upside for euro. Test of Y+1 dropped euro back down to below 1.12 quickly. Closed the week above Y-0 and midpoint.
Outlook
Euro staying strong on the “can kicking down the road” script. Now that another day is set on June 30, this will lead to compression in euro in coming 2 weeks. FOB upside against Y+1 / B+1 can zoom euro up to B+2 / 1.15 area with a quick drop back down to below B+1 is possible.
Not the best time to trade euro.
Share