Trading Edges That Last
- You May Also LikeLast Friday Moody downgraded Cable after US stock market closed which led to a melt down within minutes. Making the situation worse, it was the last hour of the week ...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 MORE
Lawrence's Comment Recap Bounced off Y-1 area in the beginning of the week but failed to clear Y-0. Dropped to below Y-1. As expected Japnese government intervened. Closed the week at week ...READ MORELawrence's Comment Recap My false breakout premises was correct. Leading to an all out selloff until 100% absolute range expansion is completed before ES was willing to stop. Closed the ...READ MORELawrence's Comment Recap Break below Y-1 and that Y-1 turned into resistance, the bearish case unfolded. We got our target of Y-2 by mid week. The tricky part is that 1280 ...READ MOREHot n Cold (AUDUSD) 2019-4-26WTF With Moody and The Problem With Forex3DP Odds Table (AUDUSD) 2021-10-13Precog Vision – Forex 2013-6-19USDJPY Jun 03 to Jun 07 OutlookS&P 500 Oct 15 to Oct 19 Outlook3DP Odds Table (AUDUSD) 2011-12-223DP Odds Table (AUDUSD) 2017-11-01S&P 500 Jun 13 to Jun 17 OutlookIntraday Cycle Projection (AUDUSD) 2022-07-15
As Featured In
AUDUSD Nov 23 to Nov 27 Outlook
Lawrence’s Comment
Aussie successfully cleared 4 hour down channel top, giving us Y+1 and then Y+2. Closed the week near Y+2 and week high.
Outlook
Aussie’s recovery against US dollar can be a leading indicator that gold may hold its latest drop into new low for the year. Y+1 / B-0 support will be tested if Aussie fails to consolidate around Y+2 / B+1 in 50% range.
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