Trading Edges That Last
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Lawrence's Comment Recap Dow held up at top zone around Y+1. Event driven breakout gave us 100% expansion off the tight range. Closed the week above Y+1 and midpoint. Outlook Test of ...READ MORELawrence's Comment Recap Euro rallied from our support zone as expected. It also failed to go much higher as expected too. Closed the week above Y+1. Outlook Last week Euro completed its measured ...READ MORELawrence's Comment Recap Consolidation week moving around Y+1. Closed the week near Y+1 and midpoint. Outlook Y+1 acting as resistance if give us a test of Y-0 / B-2.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 Pullback to Y-1 as expected. Found support and zoomed back up until 100% absolute range expansion. Closed the week near Y-0 and midpoint. Outlook Normal pullback in progress. Holding Y-0 / ...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 Cable found support at Y-0 and eventually challenged Y+1 and then the break down crime scene I mentioned last week. Thatès all it can do and the selloff started. ...READ MOREDow 30 Aug 15 to Aug 19 OutlookEURUSD Jul 25 to Jul 29 OutlookDow 30 Feb 26 to Mar 02 OutlookDow 30 Jul 25 to Jul 29 OutlookS&P 500 Oct 10 to Oct 14 OutlookPrecog Vision – Forex 2021-8-4AUDUSD Jun 23 to Jun 27 Outlook3DP Odds Table (USDJPY) 2022-12-26Precog Vision – Forex 2021-1-6GBPUSD Nov 23 to Nov 27 Outlook
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USDJPY Oct 05 to Oct 09 Outlook
Lawrence’s Comment
As expected no strong directional move with Y-1 and Y-0 boundaries pretty much trapped the price actions all week. NFP led to the sudden swing breaking below Y-1 but it is not confirmed on daily as price snapped back up immediately. Closed the week below Y-0 and above midpoint.
Outlook
Still within the previous consolidation range means we have to wait for the daily level breakout again. Strong reaction below Y-1 and 119 means an attempt at the other end B+1 and above is likely.
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