Trading Edges That Last
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Lawrence's Comment Recap Sold off to Y-2 as expected. The strong rally, however, all the way back up to Y-0, was quite amazing. Closed the week below Y-0 after failing to ...READ MORELawrence's Comment Recap The rare scenario unfolded. Gapped to Y+2 indeed. And stuck there since. Outlook Breakout mode. Breaking below previous week low points to gap fill target at previous year close. Breaking ...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 MORELawrence's Comment Recap Consolidation week around Y+1. 50% previous week range. Closed the week near week low and below Y+1. Outlook Consolidation ended in a weak tone points to potential flush down to B-2 ...READ MORELawrence's Comment Recap Dow tried to hold support all week but failed to clear Y+1 resistance. Friday breakdown move flushed to Y-3 directly. Closed the week near Y-3 and week low. ...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 MORES&P 500 Oct 10 to Oct 14 OutlookS&P 500 Jan 09 to Jan 13 OutlookPrecog Vision – Forex 2017-1-26USDCAD Nov 04 to Nov 08 OutlookDow 30 Sep 12 to Sep 16 OutlookIntraday Cycle Projection (EURUSD) 2016-03-22Intraday Cycle Projection (EURUSD) 2021-11-05Precog Vision – Forex 2021-3-10Hot n Cold (EURUSD) 2014-2-21Precog Vision – Forex 2016-1-11
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EURUSD Jun 29 to Jul 03 Outlook
Lawrence’s Comment
Wait and see mode last week on euro. Strong breakdown move happened after a deal with Greece failed. Closed the week below Y-1 and near week low.
Outlook
As the decision on Greece is not over, euro can easily bounce back up to B-0 / Y-0 to wait for the outcome. A decisive break below B-1 will drop it down to B-2 and B-3.
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