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 MOREWeekly yellow zone acted as resistance. A confirmed break on hourly, however, does not offer much profit potential on its first target area (red zone) right above 1.31. It ...READ MORE
Lawrence's Comment Recap Heavy selling as expected from the resistance zone mentioned last week. Got first target at Y-2 mid-week. As weekly support zone was breached ES can no longer hold up. ...READ MOREPrecog Vision – Forex 2013-12-4EURUSD Jul 05 to Jul 09 OutlookEURUSD having difficulties taking out resistance3DP Odds Table (EURUSD) 2014-06-183DP Odds Table (EURUSD) 2014-02-26S&P 500 Aug 04 to Aug 08 Outlook3DP Odds Table (EURUSD) 2021-10-18Nasdaq 100 Oct 12 to Oct 16 OutlookDow 30 Jun 08 to Jun 12 Outlook3DP Odds Table (EURUSD) 2021-07-20
As Featured In
EURUSD May 04 to May 08 Outlook
Lawrence’s Comment
Euro weekly bear flag progressed up to Y+2. News shock and discovery of stops sent Euro up to Y+3 and then Y+4. Closed the week above Y+3 and midpoint.
Outlook
Weekly bear flag turned into monthly bear flag / pullback. It will likely be a roller coaster ride from here as lots of trapped longs need to unload above 1.12. A test of B-0 / Y+2 is expected this week.
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