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Lawrence's Comment Recap Slingshot reversal as expected. Hard selloff on Friday gave us the B-2 and below target. Closed the week near Y-3 and week low. Outlook Y-1 obvious resistance above but ...READ MORELawrence's Comment Recap Consolidation with pullback to target mentioned last week. No real action until end of week tension increased between US and Russia. Closed the week near Y+1 and B+1. Outlook Above B+1 ...READ MORELawrence's Comment Recap Y-0 did not act as resistance and NQ lifted ES up breaking above Y+1. That gives way to our normal upside target of Y+2. Y+2 was tagged ...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 MORENasdaq 100 Sep 12 to Sep 16 OutlookIntraday Cycle Projection (EURUSD) 2020-05-27AUDUSD Apr 07 to Apr 11 OutlookAUDUSD Feb 05 to Feb 09 Outlook3DP Odds Table (EURUSD) 2022-03-313DP Odds Table (EURUSD) 2020-05-133DP Odds Table (EURUSD) 2022-02-08S&P 500 Feb 20 to Feb 24 OutlookPrecog Vision – Forex 2021-6-10Intraday Cycle Projection (EURUSD) 2015-10-29
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EURUSD Mar 21 to Mar 25 Outlook
Lawrence’s Comment
Drifting around Y-0 as predicted last week. Once the G7 intervention started, breakout above Y+1 and tagged Y+2 tagged. Close at the high of the week.
Outlook
If pullback to B-0 and that it acts as support, B+1 will be retested. What is not clear is whether B+1 will turn into resistance or not on this retest.
2 interesting but rare setups – first, no pullback and break above B+1 and expand to B+2 quickly, that stage a melt up run to much higher level. Second, quick break down below B-1, creating a w. upthrust on weekly will confirm a change of trend to the downside.
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