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Lawrence's Comment Recap Quick rally to clear the resistance above confirming strength. Y-0 support gave us an updrift to 120 round number. Since then ninja breakout above and reached normal bullish target ...READ MOREI have been talking about this in my real-time chatroom for quite sometime and many people email me for the specifics. Here is an introduction of market breadth on forex ...READ MORELawrence's Comment Recap Nailed the whiplash behaviour again. ES has to drop to almost Y-2 before support was found. ES bounced back up to its current midpoint and failed to clear the ...READ MORELawrence's Comment Recap Y-0 to Y+1 zone formed a bottom as expected. However, difficulties to move higher happened after trading above Y+1. That did not stop NQ from rallying towards its ...READ MORELawrence's Comment Recap Selloff target Y-2 tagged first thing of the week. W. spring against Y-2 sent NQ back above Y-1. Again, another spring from Y-1 sent NQ up and gap ...READ MOREUSDJPY Oct 26 to Oct 30 OutlookIntraday Cycle Projection (AUDUSD) 2021-03-18USDJPY May 03 to May 07 OutlookAUDUSD Nov 16 to Nov 20 OutlookForex Market Breadth Analysis: Introduction3DP Odds Table (AUDUSD) 2022-01-24S&P 500 Sep 02 to Sep 06 OutlookNasdaq 100 Apr 04 to Apr 08 Outlook3DP Odds Table (AUDUSD) 2017-02-28Nasdaq 100 Apr 25 to Apr 29 Outlook
As Featured In
AUDUSD Mar 31 to Apr 04 Outlook
Lawrence’s Comment
Aussie held Y-0 and gave us upside breakout. No FBO implies normal breakout target Y+3 in play. Y+3 tagged later in the week. Closed the week above Y+2 and midpoint.
Outlook
Breakout was stop run induced. That points to Y+2 retest is necessary. B-0 is also possible as long as B+1 acting as resistance.
Latest rounds of US vs. Russia events can turn ugly faster than we blink. If the situation escalates in coming few weeks, be ready for wild rides with Aussie and Loonie as they are closely related to gold, the metal of war.
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