Trading Edges That Last
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Lawrence's Comment Recap FBO in the beginning of the week triggered the bearish scenario. Pullback to Y-0 as mentioned last week. Closed the week near week mid. Outlook Overall weekly uptrend intact. ...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 MORERecap of Last Week As expected, range contracted significantly to just 50% of the prior week. A new low is printed without expansion into 50% downside expansion target zone ...READ MOREIntraday Cycle Projection (AUDUSD) 2019-06-21AUDUSD Jan 09 to Jan 13 OutlookS&P 500 Mar 26 to Mar 30 OutlookAUDUSD Oct 07 to Oct 11 Outlook3DP Odds Table (AUDUSD) 2018-03-23Precog Vision – Forex 2017-9-293DP Odds Table (AUDUSD) 2020-04-15Weekly Cycle Projection (AUDUSD) 2015-03-303DP Odds Table (AUDUSD) 2015-01-15GBPUSD Dec 27th to Dec 31st Outlook
As Featured In
AUDUSD Dec 02 to Dec 06 Outlook
Lawrence’s Comment
As expected, Aussie dropped below B-1. Since then it has consolidated around 50% previous week range. Closed the week below Y-1 and midpoint.
Outlook
Until Aussie can stage a strong reversal rally back above B+1, it is likely to continue its down trend.
Mentioned in MBO newsletter the condition for gold to go higher. Once gold has its down trend broken, Aussie can rally back up higher.
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