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 MORE
Lawrence's Comment Recap Got the first half of the week correct with both the topping zone and the first downside target. The reaction to the 1st target, however, caught me ...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 MOREIntraday Cycle Projection (EURUSD) 2020-03-24Intraday Cycle Projection (EURUSD) 2019-01-01Precog Vision – Forex 2019-10-7Intraday Cycle Projection (EURUSD) 2014-06-18Nasdaq 100 Dec 03 to Dec 07 OutlookPrecog Vision – Forex 2023-2-13DP Odds Table (EURUSD) 2016-06-15Intraday Cycle Projection (EURUSD) 2020-04-063DP Odds Table (EURUSD) 2016-09-09Precog Vision – Forex 2023-4-21
As Featured In
EURUSD May 16 to May 20 Outlook
Comparing to GBP, euro had a more difficult selloff. It took better half of the week to make an attempt to test Y-1 and finally sold off to almost Y-2.
Outlook
Euro is resisting the selloff. Trend buy players are stepping in to support 1.42, 1.41, and 1.40 levels. Thus the price movement this week will likely be a mess. Would prefer to wait for the moving average crowds to finish their fights here first.
As long as Y-1 to B+1 acts as resistance, the down trend on 4 hours is intact.
Share