Trading Edges That Last
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Lawrence's Comment Recap Consolidation around week open below Y-1. Jumpy was probably the best word for what happened last week. Closed the week below Y-1 and near week low. Outlook Consolidation with ...READ MORELawrence's Comment Recap The best pair to trade last week. Breakout play from Y+1 to Y+2. A thin up channel in place giving us a potential top in the making. Lower high ...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 2019-10-7AUDUSD Sep 22 to Sep 26 OutlookGBPUSD Oct 07 to Oct 11 OutlookIntraday Cycle Projection (AUDUSD) 2011-03-17Intraday Cycle Projection (AUDUSD) 2011-06-10Intraday Cycle Projection (AUDUSD) 2012-09-17Intraday Cycle Projection (AUDUSD) 2014-11-04Weekly Cycle Projection (AUDUSD) 2017-03-06Precog Vision – Forex 2015-1-22Intraday Cycle Projection (AUDUSD) 2015-08-27
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AUDUSD Dec 01 to Dec 05 Outlook
Lawrence’s Comment
Y-0 resistance gave us a drop to Y-1 support area. Support breached with a bounce that failed to clear the former support. Closed the week below Y-1 and near week low.
Outlook
Breakout setup from last week now confirmed. Y-3 in play as long as Y-1 / B-0 continue to cap any bounce attempts.
Clearing B-0 will give us a quick run to B+1.
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