Trading Edges That Last
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Lawrence's Comment Recap 3rd week in a row the major US indices are repeating what happened last year. The rising wedge broken early in the week and turning into sideway action around ...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 Swinged higher. Exceeded upside expectation and consolidated above Y+1. Closed the week near Y+1 and below midpoint. Outlook Did not make it to Y+2 and tight range for the week points ...READ MORELawrence's Comment Recap Sold off to 1.0 as expected. Sometimes some markets are easier to trade at times like this one. Closed the week at the low. Outlook Critical juncture. Multiple timeframes ...READ MOREUSDCAD Jan 07 to Jan 11 OutlookDow 30 Jan 21 to Jan 25 OutlookIntraday Cycle Projection (GBPUSD) 2022-04-223DP Odds Table (GBPUSD) 2015-04-10Precog Vision – Forex 2021-12-6USDJPY Apr 15 to Apr 19 OutlookWeekly Cycle Projection (GBPUSD) 2019-10-07EURUSD Sep 02 to Sep 06 OutlookUSDCAD Jan 30 to Feb 03 OutlookWeekly Cycle Projection (GBPUSD) 2020-09-14
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GBPUSD Aug 01 to Aug 05 Outlook
Lawrence’s Comment
Rally as expected. Ended mid way from our 2 upside targets. Tight range and closed the week above midpoint.
Outlook
Potential 3 pushes up. A break below B-1 will confirm and that will put Y-0 / B-2 in play. Not much room for the short bias so not a good setup to jump on board.
The less likely scenario of a quick breakout to the upside above B+1, however, points to Y+3 / B+3 which is more tradable.
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