Trading Edges That Last
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Lawrence's Comment Recap Failed to bounce back up in the beginning of the week opened the door to tag Y-2. Interestingly, however, Y-2 was not tagged even after 2 attempts ...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 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 MOREHot n Cold (AUDUSD) 2019-10-4Intraday Cycle Projection (AUDUSD) 2020-04-28Precog Vision – Forex 2016-2-3Intraday Cycle Projection (AUDUSD) 2022-06-24Precog Vision – Forex 2012-1-19Nasdaq 100 May 14 to May 18 OutlookHot n Cold (AUDUSD) 2019-2-8Precog Vision – Forex 2023-5-2Precog Vision – Forex 2021-2-5Intraday Cycle Projection (AUDUSD) 2021-11-04
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AUDUSD Dec 05 to Dec 09 Outlook
Lawrence’s Comment
Similar to loonie, aussie produced biggest reaction among the majors from the intervention by the central banks due to its metal currency behaviour. The Y+1 breakout to Y+2 and Y+3 play worked out very well according STOPD. Closed the week at Y+2.
Outlook
Intervention effects do not last. Unless the central banks planned a 2nd assault on the worldwide markets this week, a slow drift back down to B-0 is very likely.
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