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Lawrence's Comment Recap Aussie bounced with the rest of the majors due to dovish expectation / rumors all week. As expected, Y-0 was tested aftter Y-1 acted as support. Wild swings around ...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 MORELawrence's Comment Recap Spike bottom happened before midweek yet failed to push above Y-0. Closed the week below Y-1 and midpoint. Outlook The first try to find a bottom failed. The week turned into ...READ MORELawrence's Comment Recap S&P gapped down right from the start of the week as if it was going to break below Y-1. Yet it gapped up right after and tagged Y+1 the ...READ MORELawrence's Comment Recap Once the Y+1 breakout happened, we can already tell Y+2 was the target because that is the upper boundary of the tight range defined over past few ...READ MOREAUDUSD Sep 14 to Sep 18 OutlookIntraday Cycle Projection (EURUSD) 2019-08-01Precog Vision – Forex 2014-9-19AUDUSD Jun 03 to Jun 07 OutlookS&P 500 Feb 11 to Feb 15 Outlook3DP Odds Table (EURUSD) 2020-06-08EURUSD Oct 22 to Oct 26 Outlook3DP Odds Table (EURUSD) 2014-02-123DP Odds Table (EURUSD) 2017-11-03Intraday Cycle Projection (EURUSD) 2017-04-18
As Featured In
EURUSD Oct 07 to Oct 11 Outlook
Lawrence’s Comment
Y-0 never turned into resistance. Euro gapped below that but traded back up above it immediately. Breakout above Y+1 and tagged Y+2. Not quite made it to Y+3 and stalled. Closed the week below Y+1 and midpoint.
Outlook
The upside bias worked out. By end of week, however, the strength in euro has disappeared when cable leading to the downside. A close like this points to short term top likely in place.
This week a retest of B-1 is likely without a retest of B+1.
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