Trading Edges That Last
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Lawrence's Comment Recap FBO against Y-1 / weekly consolidation support sent Euro straight back up to Y+1 and above. Closed the week above Y+1 and near week high. Outlook Y+1 / B-0 ...READ MORELawrence's Comment Recap Consolidation as expected. Trapped in equal distance around Y-0. Closed the week below Y-0 and near week low. Outlook Consolidation / pullback mode can last for weeks. Downside drift ...READ MORELawrence's Comment Recap Consolidation week at reduced range trapped inside Y-1 to Y-0. Closed the week below Y-0 and above midpoint. Outlook BOJ indeed doing what they claimed and no one dares ...READ MORELawrence's Comment Recap As expected euro went a bit higher above Y+1 and then consolidated near Y+1 most of the week until more news fed out from European officials again. ...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 2012-6-18EURUSD May 02 to May 06 Outlook3DP Odds Table (EURUSD) 2021-08-24Intraday Cycle Projection (EURUSD) 2015-12-15Weekly Cycle Projection (EURUSD) 2015-09-28USDCAD Feb 16 to Feb 20 OutlookUSDJPY Feb 23 to Feb 27 OutlookEURUSD Aug 13 to Aug 17 OutlookIntraday Cycle Projection (EURUSD) 2019-02-15Precog Vision – Forex 2011-4-22
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EURUSD Jul 28 to Aug 01 Outlook
Lawrence’s Comment
As expected, even after breaking Y-1 euro refused to go lower quickly. slow choppy action down to near Y-2. Closed the week near Y-2 and week low.
Outlook
1.33 target still in play. Bottom picking actions so far can lead to a decisive flush towards 1.33 this week. In turn, a temporary bottom will be put in place.
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