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Lawrence's Comment Recap Did not breach Y+1 in the beginning of the week and a sharp selloff from there as expected. Cleared Y-0 but failed to go much lower. The ...READ MORELawrence's Comment Recap Consolidation week moving around Y+1. Closed the week near Y+1 and midpoint. Outlook Y+1 acting as resistance if give us a test of Y-0 / B-2.READ MOREEURUSD Dec 14 to Dec 18 OutlookS&P 500 Dec 03 to Dec 07 OutlookAUDUSD Jul 09 to Jul 13 Outlook3DP Odds Table (EURUSD) 2015-10-14S&P 500 Mar 26 to Mar 30 Outlook3DP Odds Table (EURUSD) 2014-06-093DP Odds Table (EURUSD) 2014-06-19Intraday Cycle Projection (EURUSD) 2019-08-01Dow 30 Jul 25 to Jul 29 OutlookIntraday Cycle Projection (EURUSD) 2016-01-20
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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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