Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Dow gapped higher on news related to Brexit. News driven market all the way right up to Brexit. Brexit led to gap down on Friday to Y-1 and sparked ...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 Expectation of euro going lower paid off. FOMC announcement failed to swing euro above Y+1 and gave us the Y-2 target. Closed the week below Y-1 and midpoint. Outlook As long ...READ MORELawrence's Comment Recap Pullback to Y-0 as expected. Could to go any higher even though euro zone had been trying hard to paint a rosy picture going forward. Closed the ...READ MORELawrence's Comment Recap Bullish scenario unfolded and tagged Y+2 target. STOPD swing in its simplest form. Closed the week at its high. Outlook Should move higher above B+1 early in the 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 MOREDow 30 Jun 27 to Jul 01 OutlookPrecog Vision – Forex 2019-10-7EURUSD Dec 23 to Dec 27 Outlook3DP Odds Table (EURUSD) 2011-12-02EURUSD Feb 06 to Feb 10 OutlookWeekly Cycle Projection (EURUSD) 2020-04-06Intraday Cycle Projection (EURUSD) 2022-07-13Dow 30 Jun 29 to Jul 03 OutlookAUDUSD Jan 23 to Jan 27 OutlookPrecog Vision – Forex 2019-10-7
As Featured In
EURUSD Dec 15 to Dec 19 Outlook
Lawrence’s Comment
Rejected Y-1 early in the week provided fuel for Euro to challenge Y+1. Stopped at 100% absolute range expansion. Y-0 acted as support on pullback. Closed the week above Y-0 and midpoint.
Outlook
Y+1 / B+1 strong resistance zone. As explained last week, if Euro jumped above Y+1, a squeeze will take Euro back up to mid 1.27s. If Euro consolidates around Y+1 / B+1, another flush below B-1 is likely.
Share