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Lawrence's Comment Recap Euro refused to go lower in the beginning of the week and challenged Y-0. Failed to clear Y-0, euro started its move to go down to the 1.32 long ...READ MORELawrence's Comment Recap Euro moved back down to target mentioned last week. Bounced from there but failed to clear 1.13 / Y-0. Closed the week near Y-1 and below midpoint. Outlook Y-1 ...READ MORELawrence's Comment Recap Down channel break led to a run to my target mentioned last week. It also lined up nicely from early week low at 100% absolute range expansion. Cable stalled ...READ MORENasdaq 100 Jan 02 to Jan 06 Outlook3DP Odds Table (EURUSD) 2018-01-22USDCAD Jan 01 to Jan 05 OutlookIntraday Cycle Projection (EURUSD) 2021-09-15EURUSD Feb 25 to Mar 01 OutlookIntraday Cycle Projection (EURUSD) 2017-02-15EURUSD Sep 28 to Oct 02 Outlook3DP Odds Table (EURUSD) 2012-12-05GBPUSD Jun 08 to Jun 12 OutlookHot n Cold (EURUSD) 2021-11-5
As Featured In
EURUSD Aug 31 to Sep 04 Outlook
Lawrence’s Comment
Euro blasted through 1.14 level and triggered a squeeze. 1.17 monthly resistance was tagged and rejected. Euro then fall straight back down to Y+1. Y+2 resistance gave us a clean drop to Y-0. Closed the week near Y-0 and week low.
Outlook
FBO against both monthly and weekly resistance above is bearish. Y+1 / B-0 now very strong resistance until proven otherwise. Likely continuation of long term decline.
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