Trading Edges That Last
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Lawrence's Comment Recap Up trend expectation worked out from support. Y+2 normal target tagged. Closed the week above Y+1 and near week high. Outlook Brexit can cause all the majors to go ...READ MORELawrence's Comment Recap Breakout to the upside. Tagged Y+3 target and then Y+4 stopped the run. Closed the week near Y+3. Outlook Euro back to longer term resistance area. If Euro failed ...READ MORELawrence's Comment Recap Bullish scenario unfolded as Y+1 tagged first with Y-0 support leading to a run to Y+2. Option expiration Friday even jumped NQ to Y+3 by open yet failed to ...READ MORELawrence's Comment Recap The selloff scenario played out where the target of Y-3 was tagged. The strength of the rally in the 2nd half of the week is a bit surprising ...READ MORELawrence's Comment Recap 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 ...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 MORELawrence's Comment Recap Easy play of the week. Stopped at resistance mentioned last week and flushed down to Y-2 1st target below. Closed the week below Y-1 and near midpoint. Outlook As long as ...READ MOREUSDCAD May 30 to Jun 03 Outlook3DP Odds Table (USDJPY) 2014-07-07Intraday Cycle Projection (USDJPY) 2017-04-25EURUSD Aug 27 to Aug 31 OutlookNasdaq 100 Aug 18 to Aug 22 OutlookDow 30 Apr 18 to Apr 22 OutlookUSDJPY Apr 25 to Apr 29 Outlook3DP Odds Table (USDJPY) 2012-02-16Precog Vision – Forex 2015-10-7GBPUSD May 19 to May 23 Outlook
As Featured In
USDJPY Aug 29 to Sep 02 Outlook
Lawrence’s Comment
Consolidation around Y-0 until Mrs. Yellen’s comment time. Previous week close defended and led to an all out squeeze higher. 100% absolute range expansion to the upside tagged. Closed the week above Y+1 and near week high.
Outlook
Squeeze does not last. More upside likely but we cannot tell when the sudden pullback will start. Main support of the move at B-0.
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