Trading Edges That Last
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Lawrence's Comment Recap As expected, Aussie dropped below B-1. Since then it has consolidated around 50% previous week range. Closed the week below Y-1 and midpoint. Outlook Until Aussie can stage a strong reversal ...READ MORELawrence's Comment Recap Y-0 did not hold, drifted back down to Y-1. Closed the week above Y-1 and below midpoint. Outlook Not a significant sell off. Just drifted lower. No real sense ...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 MORE3DP Odds Table (GBPUSD) 2015-03-20Precog Vision – Forex 2012-10-15Weekly Cycle Projection (GBPUSD) 2021-10-11AUDUSD Dec 02 to Dec 06 OutlookEURUSD Oct 29 to Nov 02 OutlookIntraday Cycle Projection (GBPUSD) 2021-01-01AUDUSD Oct 02 to Oct 06 OutlookIntraday Cycle Projection (GBPUSD) 2023-05-02GBPUSD Jul 11 to Jul 15 OutlookPrecog Vision – Forex 2014-4-18
As Featured In
GBPUSD Sep 12 to Sep 16 Outlook
Lawrence’s Comment
Test of Y+1 led to breakout attempt above it. Selling stopped the run higher and Y+1 turned into resistance after. Closed the week above Y-0 and near week low.
Outlook
FBO against Y+1 points to Y-0 and Y-1 are in play as long as Y+1 / B-0 acting as resistance.
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