Trading Edges That Last
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Lawrence's Comment Recap Y-0 down to Y-1 acted as support as expected but the rally failed to retest Y+1 as the second half of the week we got more news shocks ...READ MORERecap of last week Previous week low tagged first as expected. Then previous month close acted as resistance, and run down to the target of previous month low - ...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 of Last Week Last week of the year played out from the classic year end playbook - sell to prior week low (well, we gapped to there on ...READ MORELawrence's Comment Recap Pullback stopped right at Y-0. Rallied above Y+1 yet failed to hold above Y+1. Normally we get a drop to Y-1 but again it was not a normal 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 MOREUSDCAD Aug 22 to Aug 26 OutlookEURUSD Week of Nov 15th to 19th OutlookUSDCAD Jan 17 to Jan 21 OutlookPrecog Vision – Forex 2017-4-19S&P 500 Jan 3rd to Jan 7th OutlookIntraday Cycle Projection (EURUSD) 2021-08-13Nasdaq 100 Nov 24 to Nov 28 OutlookPrecog Vision – Forex 2018-12-17Intraday Cycle Projection (EURUSD) 2022-10-133DP Odds Table (EURUSD) 2015-03-03
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EURUSD Sep 01 to Sep 05 Outlook
Lawrence’s Comment
Gapped below 1.32 and never made it back above. End of week dumping led to normal target Y-2. Closed the week near Y-2 and week low.
Outlook
More down side expected. Consolidation week after range expansion week ended up closing at the low is bearish.
Potential short term bottom between Y-3 to B-2 could be formed if euro flushes down there quickly and snap back up. A bottom in that zone points to B+1 and above likely.
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