Trading Edges That Last
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Lawrence's Comment Recap Classic seasonal bias for the last two weeks of the year is mild positive gain, so it is not as bad as many thinks about the selloff into end ...READ MORELawrence's Comment Recap Breakout upside right from the start of the week met with news shock sending the pair back to Y-0. Y-0 acted as support and closed the week ...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 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 MOREDow 30 Jan 05 to Jan 09 OutlookWeekly Cycle Projection (EURUSD) 2011-07-18EURUSD May 14 to May 18 Outlook3DP Odds Table (EURUSD) 2016-10-20Weekly Cycle Projection (EURUSD) 2017-09-04USDJPY Mar 05 to Mar 09 OutlookPrecog Vision – Forex 2021-12-20Precog Vision – Forex 2013-6-3Intraday Cycle Projection (EURUSD) 2022-10-05Precog Vision – Forex 2021-1-27
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EURUSD Sep 16 to Sep 20 Outlook
Lawrence’s Comment
Y+1 did not act as resistance. Euro simply zoomed thru it and that it turns into support. That gave us Y+2 and above as target. Euro zoomed higher above Y+2 but then having trouble to push higher. Closed the week above Y+2 and near week high.
Outlook
B+1 will be breached. The big question is whether that turns into FBO or not.
FBO against B+1 early in the week will give us a steep pullback down to Y+1 and likely lower.
All these buying yet leading to spikey 4 hours consolidation points to uncertainty. Potential whiplash at B-0 and B+1 where the first breakout of the range could be the wrong side.
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