Trading Edges That Last
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Lawrence's Comment Recap Consolidation week around Y+1. 50% previous week range. Closed the week near week low and below Y+1. Outlook Consolidation ended in a weak tone points to potential flush down to B-2 ...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 MOREIntraday Cycle Projection (EURUSD) 2016-01-193DP Odds Table (EURUSD) 2014-05-21Precog Vision – Forex 2015-6-2Weekly Cycle Projection (EURUSD) 2017-02-273DP Odds Table (EURUSD) 2019-10-07USDCAD Nov 04 to Nov 08 OutlookNasdaq 100 Apr 11 to Apr 15 OutlookUSDCAD Aug 22 to Aug 26 OutlookPrecog Vision – Forex 2016-8-23DP Odds Table (EURUSD) 2019-10-07
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EURUSD Nov 18 to Nov 22 Outlook
Lawrence’s Comment
Took a whole week of up drift to go back up to the top of the resistance zone mentioned last week. Tight range and no conviction. Closed the week above Y-0 and near week high.
Outlook
It is rare that Cable has an outside week while Euro has an inside week.
Euro failed to take out the resistance zone by end of the week points to weaknesses. Inside week setup gives us a breakout play favouring the down side.
Potential whiplash action at Y+1 and Y-1 whichever tag first.
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