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 Was looking for resistance at Y+1 going back down to Y-0. We got that and euro was stuck since. Closed the week near Y-0 and below midpoint. Outlook Breaking below B-1 ...READ MORELawrence's Comment Recap Just like Dow and NQ, ES tried hard to clear Y+1 and failed. Stalled back down to Y-0 and found support. 2nd try cleared Y+1 and got my upside ...READ MORELawrence's Comment Recap A short squeeze from the bear flag as expected. Cable rushed to Y+3 before it stopped. Such move has no staying power and led to quick drop back down ...READ MOREPrecog Vision – Forex 2016-5-23DP Odds Table (GBPUSD) 2013-01-07EURUSD Apr 21 to Apr 25 OutlookEURUSD Oct 10 to Oct 14 OutlookS&P 500 Oct 19 to Oct 23 Outlook3DP Odds Table (GBPUSD) 2022-03-08Hot n Cold (GBPUSD) 2017-6-30Nasdaq 100 Mar 06 to Mar 10 OutlookGBPUSD Jan 29 to Feb 02 OutlookGBPUSD Sep 22 to Sep 26 Outlook
As Featured In
GBPUSD May 30 to Jun 03 Outlook
Lawrence’s Comment
First half of the week dropped below Y-1 as expected. Then, reversed its course pretty much in sync with Aussie and Euro. Breaking above Y+1 in one sharp move points to Y+3 in play. Ended the week tagging Y+3.
Outlook
Outside week with range greater than 200% of prior week. Y+4 is in play.
After Y+4 is tagged, however, it is likely to consolidate between Y+2 and Y+4.
Share