Trading Edges That Last
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Lawrence's Comment Recap Spike and ledge from the week before failed to produce a sell off last week. Y-1 acted as support most of the week producing strong bounces back up. Closed ...READ MORELawrence's Comment Recap Consolidation around Y+1 as expected until Fed minute released mid week. The quick sell off was met with aggressive buying. Closed the week above Y+1 and at week high. Outlook The ...READ MORELawrence's Comment Recap Quick zoom to B+2 as expected. Closed the week near midpoint. Outlook Short term bottom likely in place. If B-1 failed to act as support, a flush back down ...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 MOREWeekly Cycle Projection (EURUSD) 2021-11-22Dow 30 Jan 13 to Jan 17 OutlookDow 30 Nov 25 to Nov 29 OutlookIntraday Cycle Projection (EURUSD) 2020-09-14Intraday Cycle Projection (EURUSD) 2019-06-063DP Odds Table (EURUSD) 2011-09-20USDCAD May 14 to May 18 OutlookIntraday Cycle Projection (EURUSD) 2012-02-16Precog Vision – Forex 2022-11-7Intraday Cycle Projection (EURUSD) 2021-01-21
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EURUSD Feb 22 to Feb 26 Outlook
Lawrence’s Comment
Retest of pre-breakout level as expected when Euro failed to hold above Y-0. Closed the week below Y-0 and midpoint.
Outlook
Tight range week waiting for news to find a direction. B+1 / B+2 strong resistance zone on weekly confirmed. Until Euro can clear that more consolidation with a drop back down to Y-2 / B-3 over coming 2 weeks likely.
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