Trading Edges That Last
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Lawrence's Comment Recap Upside triangle did not break to the downside at all. Instead, formed an up channel and drifted higher and paused after 50% of prior week range is reached. ...READ MORELawrence's Comment Recap Similar to Dow, ES was having its consolidation week. Traded equal distance from its open. Closed the week above Y+1 and near week high. Outlook B+1 resistance points to ...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 MORE3DP Odds Table (AUDUSD) 2016-11-09Precog Vision – Forex 2014-2-18Precog Vision – Forex 2015-7-7AUDUSD Aug 22 to Aug 26 OutlookS&P 500 Nov 02 to Nov 06 Outlook3DP Odds Table (AUDUSD) 2012-05-29S&P 500 Sep 01 to Sep 05 OutlookPrecog Vision – Forex 2017-9-13Intraday Cycle Projection (AUDUSD) 2017-02-15Precog Vision – Forex 2021-7-26
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AUDUSD Sep 08 to Sep 12 Outlook
Lawrence’s Comment
Y-0 failed to hold Aussie, got the flush to Y-1. Y-1 found support, zoomed back up to Y+1. Strong reaction to Y+1 yet midpoint of week acted as support. Closed the week near Y+1 and above midpoint.
Outlook
Outside week yet above Y+1 was rejected strongly. If Aussie cannot clear B+1, will lead to a drop back down to B-0 / Y-0 quickly.
Gold’s indecision to move higher has contributed to the flip-flop behaviour in Aussie.
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