Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Bounced back up to Y-0 as expected. How it was done was interesting as speculations now building up whether the new BOE will behave significantly different from the old ...READ MORELawrence's Comment Recap Flushed lower first and then 2000 round number acted as platform for a rally into FOMC announcement as expected. ES sold off since then and dropped back down to ...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 MOREIntraday Cycle Projection (EURUSD) 2018-11-15GBPUSD Jul 15 to Jul 19 OutlookIntraday Cycle Projection (EURUSD) 2022-02-11Hot n Cold (EURUSD) 2011-10-18Nasdaq 100 Aug 22 to Aug 26 OutlookIntraday Cycle Projection (EURUSD) 2017-07-173DP Odds Table (EURUSD) 2014-07-223DP Odds Table (EURUSD) 2017-02-06S&P 500 Dec 21 to Dec 25 OutlookPrecog Vision – Forex 2013-1-14
As Featured In
EURUSD Jun 27 to Jul 01 Outlook
Lawrence’s Comment
Euro drifted higher to test normal Y+2 upside target and failed to clear it. Brexit brings it down below Y-1 and gave us the breakout target of Y-3. Closed the week above Y-1 and near midpoint.
Outlook
Nothing happened, seriously. Euro simply swinged back to the same 1.12 zone before this week. This confirms 1.14 very strong resistance with momentum pointing to a lot more downside. B-0 / Y-0 resistance until proven otherwise.
Share