Trading Edges That Last
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Lawrence's Comment Recap Y+1 resistance sent Aussie lower back down to Y-0. Y-0 support pushed Aussie back up above Y+1. Previous week close turning into support gave aussie one more push higher. ...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 Rallied to target zone 1350 and stalled. Closed the week at midpoint. Outlook Out of the 3 major indices, S&P is the weakest. Breaking below B-1 points to a test ...READ MORELawrence's Comment Recap As expected, the FBO mentioned last week gave us a drop back down to Y-0 and then Y-1. That turned Y-0 into strong resistance. Retest of Y-0 failed. ES ...READ MOREAUDUSD Aug 08 to Aug 12 OutlookPrecog Vision – Forex 2015-7-7S&P 500 Jul 11 to Jul 15 OutlookIntraday Cycle Projection (USDJPY) 2020-11-02Intraday Cycle Projection (USDJPY) 2016-07-26Weekly Cycle Projection (USDJPY) 2012-03-12Intraday Cycle Projection (USDJPY) 2020-04-14Intraday Cycle Projection (USDJPY) 2021-09-08Weekly Cycle Projection (USDJPY) 2018-05-21S&P 500 Sep 29 to Oct 03 Outlook
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USDJPY Aug 17 to Aug 21 Outlook
Lawrence’s Comment
Previous week close acted as support and in turn making Y-0 into support. Pushed to Y+1 target and collapsed back down since. Y-1 strong support as mentioned last week has put a stop to the drop. Closed the week below Y-0 and midpoint.
Outlook
Outside week yet close near both midpoints. Potential 3 pushes up on 4 hours points to a pullback down to B-2 provided that Y+1 acting as resistance.
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