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Lawrence's Comment Recap As expected drop down to B-1 area. 100% absolute range expansion completed. Closed the week near midpoint. Outlook The spike low against Y-1 means support is found at that level. ...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 MORELawrence's Comment Recap ES tagged Y-0 first before moving lower. That helped ES in finding support above the open gap below. FBO against Y-1 gave us a run back up to 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 MOREPrecog Vision – Forex 2022-6-10Hot n Cold (AUDUSD) 2021-5-7Intraday Cycle Projection (AUDUSD) 2022-08-02Precog Vision – Forex 2014-5-163DP Odds Table (AUDUSD) 2022-06-17Precog Vision – Forex 2015-12-29GBPUSD Aug 29 to Sep 02 OutlookUSDCAD May 14 to May 18 OutlookS&P 500 May 05 to May 09 OutlookPrecog Vision – Forex 2017-4-20
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AUDUSD Sep 09 to Sep 13 Outlook
Lawrence’s Comment
Took out 0.9 right from the beginning of the week. Then 1-2-3 buy gave us the breakout above Y+1 necessary for a run to Y+2. Aussie tagged Y+2 and consolidated around it since. Closed the week above Y+ 2 and near week high.
Outlook
The war-on / war-off effect fully messing with the price actions in Aussie. Bears were caught on the wrong side multiple times.
Most of the bears are cleaned out. Chart pattern suggests a pullback to B-0 is likely. I need to see a mini double top or 1-2-3 sell on hourly before I will commit to the sell side.
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