Trading Edges That Last
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Lawrence's Comment Recap Does not even need to drop to long term support, dollar yen already popped higher. Breaking above 2-week resistance line and zoomed back up near Y+1. Completed ...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 MORERecap No selloff. No strong rally. Started the week with a 3 push up to Y+1 for a staged selloff back down to Y-1. Rinse and repeat. Closed the week ...READ MOREPrecog Vision – Forex 2020-10-14Nasdaq 100 Sep 10 to Sep 14 OutlookIntraday Cycle Projection (EURUSD) 2014-04-02USDJPY Apr 23 to Apr 27 OutlookPrecog Vision – Forex 2011-10-6USDCAD Feb 07 to Feb 11 OutlookNasdaq 100 May 16 to May 20 OutlookHot n Cold (EURUSD) 2023-2-24GBPUSD Apr 17 to Apr 21 Outlook3DP Odds Table (EURUSD) 2022-07-13
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EURUSD Oct 14 to Oct 18 Outlook
Lawrence’s Comment
Another one played out as expected. Bounce from Y-0 was weak and as expected could not even get close to Y+1. Sold off down to near Y-1 and bounced. Closed the week below midpoint and Y-0.
Outlook
Inside week closing below midpoints. For a down trend to start, we need a strong selloff from B-0 to B+1 area that breaks B-1 and B-2 in 1 go. That will open the door to much lower price levels.
Until then, consolidation continues with both B-1 and B+1 in play.
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