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 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 MORE
Lawrence's Comment Recap Breakout above Y+1 forced shorts to give up and a drift back up to the crime scene where the original strong selloff reaction started. Once the crime scene was ...READ MORELawrence's Comment Recap Euro zone problem drags on so cable suffers. Pulled back to Y-0 and 1-2-3 buy off the zone. Closed the week above Y-0 and B-0. Outlook Retest of B+1 likely. Looking ...READ MOREContentReviewEuro Moves Back Into the ChannelS&P Support Defended, Now WhatGold Needs to Prove ItselfBig Picture SummaryReviewEuro collapsed back down like clockwork as expected.The sudden steep pullback happened in S&P as ...READ MOREPrecog Vision – Forex 2015-3-4Precog Vision – Forex 2017-4-21Precog Vision – Forex 2021-11-5GBPUSD Jun 20 to Jun 24 OutlookIntraday Cycle Projection (USDCAD) 2014-04-16USDCAD Apr 06 to Apr 10 OutlookGBPUSD Apr 01 to Apr 05 OutlookMBO Issue 98 (Feb 2020) The Unintended ConsequenceUSDCAD Nov 26 to Nov 30 OutlookUSDCAD Feb 22 to Feb 26 Outlook
As Featured In
USDCAD Oct 19 to Oct 23 Outlook
Lawrence’s Comment
Y-1 acted as support. Bounced back up to Y-0 and found resistance. Dropped to equal distance below previous week close. Closed the week near Y-1 and below midpoint.
Outlook
Consolidation week with close near Y-1 and midpoint is normal after a strong trending week. Continuation to the down side is possible if B-0 acts as resistance. A 3rd push down to 1.28 / Y-2 zone may lead to stronger reaction to the upside.
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