Trading Edges That Last
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Lawrence's Comment Recap Upside target tagged right at the start of the week. Turned into FBO and dropped back down to Y-0. Found support there and eventually rallied back up to clear ...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 MOREPrecog Vision – Forex 2015-8-5USDCAD May 15 to May 19 Outlook3DP Odds Table (EURUSD) 2016-03-17Dow 30 Aug 31 to Sep 04 OutlookIntraday Cycle Projection (EURUSD) 2013-11-15Nasdaq 100 Apr 01 to Apr 05 OutlookPrecog Vision – Forex 2022-12-5Intraday Cycle Projection (EURUSD) 2017-11-223DP Odds Table (EURUSD) 2015-07-243DP Odds Table (EURUSD) 2021-04-01
As Featured In
EURUSD Aug 17 to Aug 21 Outlook
Lawrence’s Comment
Y-0 acted as support helping euro to clear Y+1 in 1 go. Y+2 tagged and Y+1 turned into support for breakout play towards Y+3. Y+4 tagged and stopped the squeeze. Closed the week above Y+2 and midpoint.
Outlook
Short squeeze is not a stable setup. A test of B-0 down to Y+1 likely.
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