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 As explained last week, do not confuse volatility as strength. Y-0 breached quickly led to Y-1 test in play. Y-0 turned into resistance since. Y-1 could not even stop ...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 MORES&P 500 Aug 31 to Sep 04 OutlookPrecog Vision – Forex 2017-5-8EURUSD Jul 20 to Jul 24 OutlookIntraday Cycle Projection (EURUSD) 2017-04-03EURUSD Feb 01 to Feb 05 OutlookPrecog Vision – Forex 2023-5-2Intraday Cycle Projection (EURUSD) 2013-07-30Hot n Cold (EURUSD) 2015-5-15Intraday Cycle Projection (EURUSD) 2011-07-273DP Odds Table (EURUSD) 2018-06-11
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EURUSD Apr 18 to Apr 22 Outlook
Lawrence’s Comment
The support zone mentioned last week worked out very well. B+1 was taken out quickly as expected too. Consolidation scenario played out like a script.
Outlook
As the support zone was not breached, more upside to B+2 and B+3 is expected.
The more difficult scenario is a grind at B-1 and breaking that slowly. If that happens we will see a difficult ride down to B-2.
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