Trading Edges That Last
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Lawrence's Comment Recap Y-1 breached early in the week points to a drop to Y-2 and below in the making. Sold off until Y-2 / 1.20 round number level attracted buyers. Bounced ...READ MORELawrence's Comment Recap Fall to support zone after failing to hold Y-1. Since then Y-1 turned into resistance and dropped this further down to Y-2. Closed the week near Y-2 and week ...READ MORELawrence's Comment Recap Euro spent all week struggling around Y-1. An attempt to push higher was stopped by 50% range. Closed the week below Y-0 and above midpoint. Outlook Consolidation week near ...READ MOREUSDCAD May 04 to May 08 OutlookIntraday Cycle Projection (EURUSD) 2020-10-20Intraday Cycle Projection (EURUSD) 2018-11-16Intraday Cycle Projection (EURUSD) 2022-05-30USDCAD Mar 07 to Mar 11 OutlookIntraday Cycle Projection (EURUSD) 2015-12-24EURUSD Nov 16 to Nov 20 Outlook3DP Odds Table (EURUSD) 2018-04-25Intraday Cycle Projection (EURUSD) 2016-08-01GBPUSD Feb 04 to Feb 08 Outlook
As Featured In
EURUSD Aug 18 to Aug 22 Outlook
Lawrence’s Comment
Bottom from last week acting as support as expected but situation in Ukraine and banking problems in Europe is turning the pair into a mess. Closed the week above Y-0 and midpoint.
Outlook
Inside week closing above Y-0 and midpoint. Not as strong as one would like to see. Setting up FBO on the boundary (Y+1 and Y-1) that tagged first with the other end next.
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