Trading Edges That Last
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Recap of Last Week Run above yellow zone tagging prior week high. Then w. thrust against prior week high and stalled back to prior week midpoint and failed to ...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 MORELawrence's Comment Recap NQ failed to clear prior week close and collapsed back down to Y-0. Y-0 has been acting as resistance since and sent NQ down to Y-1. Y-1 support led ...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 MOREEURUSD Dec 20th to Dec 24th OutlookPrecog Vision – Forex 2011-12-29AUDUSD Apr 10 to Apr 14 OutlookPrecog Vision – Forex 2021-10-7Nasdaq 100 Feb 02 to Feb 06 OutlookNasdaq 100 Sep 26 to Sep 30 OutlookIntraday Cycle Projection (USDJPY) 2018-09-05Intraday Cycle Projection (USDJPY) 2017-10-20Precog Vision – Forex 2022-10-24Nasdaq 100 Jul 16 to Jul 20 Outlook
As Featured In
USDJPY Apr 25 to Apr 29 Outlook
Lawrence’s Comment
Instead of holding above Y-1, it failed to act as support right from the beginning of the week. That set the stage for a test of Y-1 mid-week and then dropping down to Y-2. Closed the week at Y-2.
Outlook
The weaknesses is moving in line with other USD pairs where USD is being trashed. Weaknesses will continue unless B+1 is taken out. Congestion between B-1 and B-0 is more likely.
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