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Lawrence's Comment Recap Completely stuck within Y-0 to Y+1. Makes sense because cable is not the primary target of the intervention done 2 weeks ago. Outlook Breakout mode. Am not expecting a ...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 MORELawrence's Comment Recap Sold off to below 1.30 triggered intervention by spreading rumors and speculative news again. Closed the week below Y-0 and above midpoint. Outlook Below 1.30 is rejected due to ...READ MORELawrence's Comment Recap Retest of Y+1 / 1.66 round number level confirmed its resistance status. That opened the door to Y-0 and below. Closed the week below Y-0 and near week low. Outlook Y-0 ...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 MOREGBPUSD Dec 12 to Dec 16 OutlookPrecog Vision – Forex 2020-5-25Intraday Cycle Projection (AUDUSD) 2018-09-113DP Odds Table (AUDUSD) 2017-04-13Intraday Cycle Projection (AUDUSD) 2022-09-073DP Odds Table (AUDUSD) 2022-05-02EURUSD Feb 20 to Feb 24 Outlook3DP Odds Table (AUDUSD) 2017-09-28GBPUSD Jan 06 to Jan 10 OutlookPrecog Vision – Forex 2021-6-21
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AUDUSD Apr 15 to Apr 19 Outlook
Lawrence’s Comment
Y-0 did not hold this down so Y+1 became the target and tagged quickly. Breakout above Y+1 gave us Y+2 target and that was tagged quickly too. Closed the week at Y+1 and above midpoint.
Outlook
Event driven rally due to gold showing strength early in the week. Then the upside breakout distorted the chart enough Aussie no longer drop with gold when gold was crushed on Friday.
This gives Aussie a good reason to hold above B-0 if gold and silver find support early next week. Retest of B+1 likely as long as gold and silver can go sideway or drift up slightly.
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