Trading Edges That Last
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Lawrence's Comment Recap Was expecting consolidation actions and cable did in the first half of the week. Then everything changed as the test of Y+1 did not produce a quick drop and ...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 MORE3DP Odds Table (EURUSD) 2016-04-01Nasdaq 100 Oct 16 to Oct 20 Outlook3DP Odds Table (EURUSD) 2016-12-063DP Odds Table (EURUSD) 2018-02-09Intraday Cycle Projection (EURUSD) 2015-02-18GBPUSD Dec 18 to Dec 22 OutlookIntraday Cycle Projection (EURUSD) 2018-07-20Intraday Cycle Projection (EURUSD) 2012-10-05GBPUSD Apr 27 to May 01 OutlookPrecog Vision – Forex 2021-9-7
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EURUSD Aug 03 to Aug 07 Outlook
Lawrence’s Comment
Euro consolidated between Y+2 (the crime scene before the last flush) and Y-0 (wedge breakout support). Y+1 / 1.10 did not act as support hence no short term trend change yet. Closed the week below Y+1 and midpoint.
Outlook
Summer trading was suppose to be slow and tight range. But here we go again Greece is having another referendum over this weekend. This time the ruling party itself is at the crossroad. Cannot tell what the impact is so Euro is a wait and see for me this week.
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