Trading Edges That Last
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Lawrence's Comment Recap News shock moved the pair wildly and that led to G7 intervention. Closed the week below Y-2. Outlook There are still too many variables affecting the short term (hourly) volatility. ...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 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 MOREPrecog Vision – Forex 2022-1-53DP Odds Table (EURUSD) 2013-08-20USDJPY Mar 21 to Mar 25 OutlookUSDCAD Jul 20 to Jul 24 OutlookDow 30 Dec 21 to Dec 25 OutlookPrecog Vision – Forex 2014-11-273DP Odds Table (EURUSD) 2011-06-17Precog Vision – Forex 2012-10-1Precog Vision – Forex 2018-9-7Precog Vision – Forex 2020-12-16
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EURUSD Jun 20 to Jun 24 Outlook
Lawrence’s Comment
Rallied to Y-0 early in the week forming a bear flag. Sold off once the bear flag was broken to tbe downside. Y-2 target area reached but not bearish enough to zoom down to Y-3. Closed the week at around Y-1.
Outlook
1.45 resistance will stop any further rally attempt.
As long as B-0 to Y-1 acts as resistance, B-1 will be retested and Y-3 is the next downside target.
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