Trading Edges That Last
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Lawrence's Comment Recap Intervention effect mostly erased by Thursday. Yet, after 100% absolute range established, NQ found the excuse to go higher and closed the week above midpoint and previous ...READ MORELawrence's Comment Recap As expected the rising wedge did not last. It was broken to the down side and the selloff almost tagged my downside target. Euro bounced before the target was ...READ MOREIntraday Cycle Projection (EURUSD) 2015-12-07Precog Vision – Forex 2023-3-13Nasdaq 100 Oct 12 to Oct 16 OutlookNasdaq 100 Dec 12 to Dec 16 OutlookIntraday Cycle Projection (EURUSD) 2013-01-043DP Odds Table (EURUSD) 2020-05-203DP Odds Table (EURUSD) 2018-05-07AUDUSD Dec 02 to Dec 06 OutlookIntraday Cycle Projection (EURUSD) 2019-01-11EURUSD Aug 19 to Aug 23 Outlook
As Featured In
EURUSD May 30 to Jun 03 Outlook
Lawrence’s Comment
Y-1 tagged early in the week as expected. The sharp reversal scenario happened to Cable instead of Euro. Nonetheless, Euro closed at the high of the week tagging Y+1.
Outlook
Less bullish comparing to Cable, euro will have to prove itself first by breaking above Y+1 to break its downtrend.
A pullback to B-0 is likely and it will be wait and see scenario there.
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