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Lawrence's Comment Recap Traded above Y-0 early in the week points potential consolidation for the week. Failed to hold above Y-0 and slided towards Y-1. Failed to tag Y-1 and ...READ MORELawrence's Comment Recap The spike high was made at Y+2 and Y+1 did not show any signs of support. That implies the other extreme is in play according to STOPD ...READ MORE3DP Odds Table (EURUSD) 2022-10-27EURUSD Dec 14 to Dec 18 OutlookIntraday Cycle Projection (EURUSD) 2022-09-23USDJPY Aug 19 to Aug 23 OutlookDow 30 Mar 07 to Mar 11 OutlookIntraday Cycle Projection (EURUSD) 2022-08-08S&P 500 Jul 23 to Jul 27 OutlookS&P 500 Oct 25 to Oct 29 OutlookUSDCAD Feb 28 to Mar 04 OutlookGoogle Autocomplete Humour: Trading
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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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