Trading Edges That Last
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Recap of last week Monthly structural price levels came into play. Failed in beginning of the week to hold above monthly initiation mid point + previous month high gave ...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 MOREGBPUSD Week of Nov 22nd to 26th Outlook3DP Odds Table (EURUSD) 2019-10-03Intraday Cycle Projection (EURUSD) 2019-02-05Nasdaq 100 Dec 24 to Dec 28 Outlook3DP Odds Table (EURUSD) 2019-09-05Precog Vision – Forex 2016-6-73DP Odds Table (EURUSD) 2011-05-10Precog Vision – Forex 2011-4-73DP Odds Table (EURUSD) 2020-11-24S&P 500 Aug 09 to Aug 13 Outlook
As Featured In
EURUSD Jan 30 to Feb 03 Outlook
Lawrence’s Comment
More squeeze on the shorts again as euro zone feeding out more b.s. repeatedly over the week. Yet euro can only tag Y+2 and stalled. Last minute news shock on Friday sent euro to close above Y+2.
Outlook
The rally of euro is built on short squeeze. There is no reliable support to go long from on a pullback until B-1 area is tested.
Classic news driven squeeze can reach 200% target. That means Y+3 should be the cap for the move and tagging that early next week points to a pullback to B-0 likely.
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