Trading Edges That Last
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Lawrence's Comment Recap V-reversal not confirmed by end of week. Range bounded move all week between Y-0 and Y-1. News shock later in the week led to 2-way fade out. Closed the ...READ MORELawrence's Comment Recap As mentioned last week cable was not strong enough to produce a bullish close hence it has to deal with a pullback first. We got the pullback after the ...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 MOREHot n Cold (EURUSD) 2012-10-193DP Odds Table (EURUSD) 2019-05-31Precog Vision – Forex 2023-5-2Weekly Cycle Projection (EURUSD) 2011-04-18AUDUSD Jun 20 to Jun 24 OutlookEURUSD Oct 08 to Oct 12 OutlookGBPUSD Oct 27 to Oct 31 OutlookGBPUSD Jun 19 to Jun 23 Outlook3DP Odds Table (EURUSD) 2019-07-16Precog Vision – Forex 2019-8-28
As Featured In
EURUSD Oct 12 to Oct 16 Outlook
Lawrence’s Comment
Upside breakout after compression around Y-0. 100% expansion off the tight range tagged by end of the week but failed to tag the normal Y+2 target. Closed the week above Y+1 and midpoint.
Outlook
Weak breakout means euro has to prove its strength by holding up at Y+1. Failing to do so will form a bear flag on 4 hours and daily forcing it to retest Y-0.
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