Trading Edges That Last
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Lawrence's Comment Recap Gapped down to Y-1 yet Y-1 did not act as resistance nor support. That told us higher timeframes (comparing to weekly) at work. NQ was the one that ...READ MOREHot n Cold (EURUSD) 2011-7-183DP Odds Table (EURUSD) 2014-11-12Precog Vision – Forex 2014-7-3Intraday Cycle Projection (EURUSD) 2014-07-30Precog Vision – Forex 2018-11-20S&P 500 May 30 to Jun 03 OutlookIntraday Cycle Projection (EURUSD) 2021-01-06EURUSD Dec 29 to Jan 02 Outlook3DP Odds Table (EURUSD) 2020-06-08Weekly Cycle Projection (EURUSD) 2019-10-07
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EURUSD Nov 03 to Nov 07 Outlook
Lawrence’s Comment
Euro traded above Y-0, yet failed to hold above it leading to a flush straight down to Y-2 target. Closed the week below Y-1 and midpoint.
Outlook
The drop in euro is affected by both ECB jawboning and BOJ action. It is lack of volume that dropped euro lower. If Euro can hold B-1 next week a run back up to above B-0 is likely.
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