Trading Edges That Last
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Lawrence's Comment Recap Consolidated around Y+1 all week. No real direction. Closed the week below Y+1 and above midpoint. Outlook As mentioned last week, euro on weekly close basis as long as it cannot ...READ MORE3DP Odds Table (AUDUSD) 2021-12-07Precog Vision – Forex 2017-11-15Dow 30 Feb 25 to Mar 01 OutlookUSDJPY Sep 21 to Sep 25 OutlookPrecog Vision – Forex 2016-7-28EURUSD Aug 26 to Aug 30 OutlookIntraday Cycle Projection (AUDUSD) 2022-06-02S&P 500 Aug 26 to Aug 30 Outlook3DP Odds Table (AUDUSD) 2015-08-14Weekly Cycle Projection (AUDUSD) 2018-11-26
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AUDUSD Oct 12 to Oct 16 Outlook
Lawrence’s Comment
Upside swing expectation played out. Y+2 and Y+3 tagged quickly turned the week into all out short squeeze. 200% range expansion reached. Closed the week above Y+4 and near week high.
Outlook
Gold strengthen played an important role in the performance of Aussie last week. The push to Y+3 was expected but the extra run to Y+4 was luck. FBO against B+1 will point to a pullback down to Y+3 / B-0 first. Consolidation after wide range week is normal.
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