Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Going higher after consolidation as stated last week. Reached our target of Y+3 and paused there to close the week. Outlook The last leg up was a bit too fast. ...READ MORELawrence's Comment Recap Exactly as expected - failed to clear Y-0 and flushed to Y-2. Closed the week below Y-1. Outlook Still trapped inside the down channel. Second half of the week ...READ MORELawrence's Comment Recap Support at Y-1 worked out, gave us Y+1 and more. 200% range expansion like Aussie. Closed the week above Y+1 and midpoint. Outlook Although the rally was a product of stop ...READ MOREIntraday Cycle Projection (EURUSD) 2021-10-27Hot n Cold (EURUSD) 2014-9-26Hot n Cold (EURUSD) 2022-11-18Intraday Cycle Projection (EURUSD) 2016-12-28AUDUSD Oct 31 to Nov 04 OutlookAUDUSD May 28 to Jun 01 OutlookGBPUSD Apr 14 to Apr 18 OutlookHot n Cold (EURUSD) 2012-7-17Nasdaq 100 Apr 04 to Apr 08 Outlook3DP Odds Table (EURUSD) 2011-09-13
As Featured In
EURUSD May 19 to May 23 Outlook
Lawrence’s Comment
More downside, 50% week range in consolidation style. Closed the week below Y-1 and midpoint.
Outlook
Unusual moves from ECB to ensure euro drops more. Remember the original acceptable range as “prescribed” by Merkel was 1.32 to 1.36. A test of 1.36 is likely.
Share