Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Y-0 did not act as resistance and NQ lifted ES up breaking above Y+1. That gives way to our normal upside target of Y+2. Y+2 was tagged ...READ MORELawrence's Comment Recap Y-0 acted as support on first test but failed to hold up loonie afterwards, that opened the door to tag Y-1 and Y-2. Closed the week near Y-2. Outlook The ...READ MORELawrence's Comment Recap Pullback continued. Y-1 breached yet rallied all the way back to print the high of the week first before stalling back down. Closed the week near Y-1 ...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 MORE3DP Odds Table (EURUSD) 2013-04-16S&P 500 Feb 20 to Feb 24 Outlook3DP Odds Table (EURUSD) 2018-01-16USDCAD Sep 19 to Sep 23 OutlookAUDUSD Oct 01 to Oct 05 OutlookPrecog Vision – Forex 2015-2-27Weekly Cycle Projection (EURUSD) 2014-01-27Intraday Cycle Projection (EURUSD) 2021-07-19Intraday Cycle Projection (EURUSD) 2011-12-21Intraday Cycle Projection (EURUSD) 2022-02-03
As Featured In
EURUSD Nov 26 to Nov 30 Outlook
Lawrence’s Comment
Y-0 acted as support since the start of the week and a spike down from Y+1 failed to clear that resulting in a very powerful short squeeze. Y+3 cleared by Friday when trading was very thin due to Thanksgiving holiday. Closed the week near week high above Y+3.
Outlook
As suspected in past 2 weeks, 1.26 is so critical that it is defended with all out news on deals after deals to delay the inevitable. This week if euro fails to close above B-0, it will be a confirmed FBO and we will get a quick flush back down to B-2 in weeks to follow.
Share