Trading Edges That Last
- You May Also LikeFor 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 MORE
Lawrence's Comment Recap Y-0 resistance dropped NQ below Y-1. Yet it was not supported by other indices. FBO against Y-1 forced a test of Y-0 and gap push above Y+1. Closed the ...READ MORELawrence's Comments Recap After 3 weeks of consolidation, finally a breakout from tight range. 200% expansion target (Y+3) reached and stalled from there. Closed the week above week midpoint. Outlook The upmove ...READ MORELawrence's Comment Recap Bearish scenario unfolded and almost tagged our B-2 target. The end of week news shock from euro zone forced a reversal on Friday. Closed the week at ...READ MOREPrecog Vision – Forex 2011-7-21Nasdaq 100 Apr 18 to Apr 22 OutlookAUDUSD Feb 07 to Feb 11 Outlook3DP Odds Table (AUDUSD) 2022-07-223DP Odds Table (AUDUSD) 2014-12-03Intraday Cycle Projection (AUDUSD) 2021-08-30USDJPY Feb 28 to Mar 04 OutlookHot n Cold (AUDUSD) 2021-4-23Intraday Cycle Projection (AUDUSD) 2022-05-13Dow 30 Aug 27 to Aug 31 Outlook
As Featured In
AUDUSD Mar 04 to Mar 08 Outlook
Lawrence’s Comment
Did not get the upside breakout I am looking for. Aussie failed to push higher and slided down to below Y-1. Pullback failed to clear Y-0 and selloff from there. Closed the week below Y-1 and near week low.
Outlook
Gold has been in a wild ride last week and that prevented Aussie from forming a base.
Gold is sitting at its long term support zone right now. If it fails to hold this current level there is no support in sight within $100. So pay attention on gold for clues if Aussie is going to bottom out this week.
Share