Trading Edges That Last
- You May Also LikeFor 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 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 MORE
Lawrence's Comment Recap Once Y-0 was breached, we get our target Y-2. Pretty easy, isn't it? Outlook B-1 is potentially a strong support level as many shorts are trapped underneath. If B-1 acts as ...READ MORE3DP Odds Table (EURUSD) 2018-12-123DP Odds Table (EURUSD) 2018-01-04Precog Vision – Forex 2016-10-193DP Odds Table (EURUSD) 2017-10-103DP Odds Table (EURUSD) 2019-06-17Precog Vision – Forex 2017-4-12Precog Vision – Forex 2023-1-25Precog Vision – Forex 2016-5-263DP Odds Table (EURUSD) 2011-09-16USDJPY Apr 18 to Apr 22 Outlook
As Featured In
EURUSD May 02 to May 06 Outlook
Lawrence’s Comment
As expected, more upside this week. Held up well in the support zone mentioned last week. Range expansion to Y+2 and stopped there.
Outlook
As long as B-0 acts as support, B+1 will be retested. In order for this pair to change its trend, we need to get a weekly confirmed selloff which close below the prior week midpoint. That means, for this week, unless we see euro closing below Y+1 to B-0, the rally is likely going to continue.
Share