Trading Edges That Last
- You May Also LikeFor 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 MORE
Lawrence's Comment Recap News shock moved the pair wildly and that led to G7 intervention. Closed the week below Y-2. Outlook There are still too many variables affecting the short term (hourly) volatility. ...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 NQ cleared Y+1 by gapping above it right off the start of the week. That forced all shorts to cover and the Y+3 target for surprise move was tagged. ...READ MORELawrence's Comment Recap Euro FBO against Y+1 in thin trading environment gave us a go for the selloff target Y-1. No pullback whatsoever, Y-1 tagged by the end of the week. Closed ...READ MORES&P 500 May 15 to May 19 OutlookIntraday Cycle Projection (GBPUSD) 2014-07-25Dow 30 Dec 19 to Dec 23 OutlookIntraday Cycle Projection (GBPUSD) 2014-07-09Precog Vision – Forex 2019-7-29USDJPY Mar 21 to Mar 25 OutlookHot n Cold (GBPUSD) 2022-8-5Precog Vision – Forex 2021-9-7Nasdaq 100 Feb 22 to Feb 26 OutlookEURUSD Dec 22 to Dec 26 Outlook
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GBPUSD Jul 25 to Jul 29 Outlook
Lawrence’s Comment
Consolidation around Y-0 all week. Closed the week below Y-0 and midpoint.
Outlook
Structure of inverse head and shoulder intact but the formation has weaken. Breaking below B-2 points to weekly down trend continuation.
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