Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Broken above the resistance zone mentioned last week, leading to immediate reversal to normal upside target of Y+2. Stalled from Y+2 and tried to stay above Y+1 ...READ MORELawrence's Comment Recap Early attempt to move higher blocked at the resistance zone leading to freefall back down to Y-1 and tagged the normal Y-2 continuation target. Closed the week below Y-2 ...READ MORELawrence's Comment Recap Aussie held Y-1 and took out Y+1 quickly. This opened the door to Y+2. Y+1 acted as support. Closed the week above Y+1 and midpoint. Outlook As I pointed ...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 MOREEURUSD Feb 20 to Feb 24 OutlookIntraday Cycle Projection (USDCAD) 2013-08-09Dow 30 Aug 21 to Aug 25 OutlookWeekly Cycle Projection (USDCAD) 2011-08-29Intraday Cycle Projection (USDCAD) 2020-11-17GBPUSD Dec 26 to Dec 30 OutlookWeekly Cycle Projection (USDCAD) 2019-07-22USDCAD Mar 21 to Mar 25 OutlookAUDUSD Dec 07 to Dec 11 OutlookPrecog Vision – Forex 2021-7-27
As Featured In
USDCAD Aug 11 to Aug 15 Outlook
Lawrence’s Comment
Y+1 cleared as expected. Consolidation action around Y+1. Closed the week above Y+1 and midpoint.
Outlook
Condolidation with strong close implies above B+1 likely. Strong reversal from above B+1 and below B+2 quickly down to B-0 points to swing top in the making with B-2 and below target.
Share