Trading Edges That Last
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Lawrence's Comment Recap Sold off to 1.0 as expected. Sometimes some markets are easier to trade at times like this one. Closed the week at the low. Outlook Critical juncture. Multiple timeframes ...READ MORES&P 500 May 18 to May 22 OutlookPrecog Vision – Forex 2016-5-173DP Odds Table (EURUSD) 2018-12-25Nasdaq 100 Dec 26 to Dec 30 OutlookPrecog Vision – Forex 2015-5-4AUDUSD Jan 23 to Jan 27 OutlookIntraday Cycle Projection (EURUSD) 2023-01-19USDCAD Jan 30 to Feb 03 OutlookIntraday Cycle Projection (EURUSD) 2020-12-17Intraday Cycle Projection (EURUSD) 2012-01-11
As Featured In
EURUSD May 14 to May 18 Outlook
Lawrence’s Comment
Tagging Y-2 in the beginning of the week confirmed our bearish view. Pullback failed to go above Y-1 leading to a push down to Y-3. Closed the week near its low and Y-3.
Outlook
Euro finally forced to tag this zone that was protected for several months. Acceptance at this zone points to further weaknesses down the road.
Next week, however, can drift higher if short term sellers are exhausted. A quick run up breaking above B-0 points to a short squeeze play with B+2 target.
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