Trading Edges That Last
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Lawrence's Comment Recap Rejected twice below Y-0 at 1.62. 2nd time sent cable down to Y-2. Staying weak as expected. Sold off to the nearest target as expected. Closed the week ...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 MORELawrence's Comment Recap Gap down to near Y-2 invalidated the original conjecture of potential upside breakout. Yet NQ zoomed back up and cleared Y+1 quickly. Since then NQ consolidated around Y+1 with ...READ MOREAUDUSD Mar 15 to Mar 19 OutlookAUDUSD Jul 22 to Jul 26 OutlookIntraday Cycle Projection (EURUSD) 2018-08-13Intraday Cycle Projection (EURUSD) 2012-02-23Intraday Cycle Projection (EURUSD) 2022-12-283DP Odds Table (EURUSD) 2016-07-13GBPUSD Dec 31 to Jan 04 OutlookPrecog Vision – Forex 2021-3-12GBPUSD Jan 04 to Jan 08 OutlookNasdaq 100 Oct 07 to Oct 11 Outlook
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EURUSD Oct 20 to Oct 24 Outlook
Lawrence’s Comment
Euro cleared the resistance zone mentioned last week, staging Y-0 support for a run to Y+1 and above. And that’s exactly what happened right after. 100% absolute range expansion stopped euro from going higher. Closed the week above Y-0 and near midpoint.
Outlook
Decisive rejection of the 1.28 to 1.29 zone. FBO against Y+1 in place on weekly. As long as Y+1 acting as resistance, we get a flush back down to B-1 and likely Y-1 soon.
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