Trading Edges That Last
- You May Also LikeFor 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 MORE
Lawrence's Comment Recap Break out upside happened but that gave us B+2 only as the news shock was immediately reversed several hours later by flip flop from the euro zone officials. ...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 Last week's warning materialized. Dow collapsed as there is no buyers left at the current level. The buyers showed up below Y-2 could not offset the weekly STOPD resistance. ...READ MOREPrecog Vision – Forex 2023-3-24EURUSD Feb 13 to Feb 17 Outlook3DP Odds Table (USDCAD) 2020-09-09Precog Vision – Forex 2021-11-11Dow 30 Apr 14 to Apr 18 Outlook3DP Odds Table (USDCAD) 2018-07-31S&P 500 Aug 31 to Sep 04 OutlookGBPUSD Feb 20 to Feb 24 Outlook3DP Odds Table (USDCAD) 2018-03-163DP Odds Table (USDCAD) 2013-07-08
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USDCAD Sep 23 to Sep 27 Outlook
Lawrence’s Comment
Just like Aussie, Loonie consolidated around Y-1 until Fed announcement. Then Loonie jumped with gold. After Y-3 was tagged strong reaction was resulted. Closed the week at Y-1 and above midpoint.
Outlook
Annoying situation like Aussie where the end of week bounce was not strong enough to be called a reversal. Need to clear B+1 before we get a confirmed low in place. Rejected in the Y-1 to B+1 zone will send this back down to at least B-0.
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