Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap USD rally against all majors last week. Dollar yen is the weakest one. Every attempt to go higher last week was met with selling pushing it back down. ...READ MORELawrence's Comment Recap Pullback as expected. No contest at all when pre-FOMC level was tagged. Sharp reversal again once the pocket near 16950 was tagged. Yet the squeeze failed to produce any ...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 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 MOREUSDJPY Oct 03 to Oct 07 OutlookDow 30 Sep 29 to Oct 03 OutlookGBPUSD Feb 06 to Feb 10 OutlookS&P 500 Sep 14 to Sep 18 OutlookPrecog Vision – Forex 2017-11-20USDCAD Sep 05 to Sep 09 Outlook3DP Odds Table (GBPUSD) 2018-06-18USDCAD Feb 01 to Feb 05 Outlook3DP Odds Table (GBPUSD) 2019-10-07Precog Vision – Forex 2011-11-10
As Featured In
GBPUSD Sep 15 to Sep 19 Outlook
Lawrence’s Comment
Cable gapped down and tagged Y-2 first. The stage was set for an up drift back to Y-1. Consolidation week around open instead of previous week close. Closed the week below Y-1 and near week high.
Outlook
All week bear flag. A short squeeze will take cable higher to B+2 but it will likely be capped there. A break of its bear flag support points to at least a retest of B-1.
Share