Trading Edges That Last
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Lawrence's Comment Recap Stated to stay away from this pair (swing trade) last week due to potential Fed announcement impact. From an outside down week, the news shock reversed the bearish ...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 MOREUSDCAD Sep 26 to Sep 30 Outlook3DP Odds Table (EURUSD) 2020-11-043DP Odds Table (EURUSD) 2011-11-28Weekly Cycle Projection (EURUSD) 2017-03-06Precog Vision – Forex 2019-10-7Precog Vision – Forex 2023-5-2Intraday Cycle Projection (EURUSD) 2021-11-03Intraday Cycle Projection (EURUSD) 2014-07-24Intraday Cycle Projection (EURUSD) 2019-02-26Precog Vision – Forex 2018-12-21
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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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