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Lawrence's Comment Recap 3 pushes up into Y+2 resistance, signalled clean drop to Y-1. Got the drop and found support. ES bounced back up after news about Ukraine was fed out at ...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 Steady decline from below Y-0 resistance. Testing long term support 1.12 from below and failed to clear it. Closed the week below Y-1 and near week low. Outlook Down ...READ MORELawrence's Comment Recap Y+1 test rejected. Cable slided back down to Y-0 eventually.Closed the week below Y-0 and near week low. Outlook Upside rejected decisively. Y-0 / B-0 strong resistance unti proven ...READ MORES&P 500 Sep 08 to Sep 12 OutlookS&P 500 Aug 22 to Aug 26 Outlook3DP Odds Table (USDCAD) 2012-05-24Precog Vision – Forex 2011-3-83DP Odds Table (USDCAD) 2019-02-12Nasdaq 100 Oct 25 to Oct 29 OutlookEURUSD May 30 to Jun 03 OutlookIntraday Cycle Projection (USDCAD) 2015-12-083DP Odds Table (USDCAD) 2021-06-08GBPUSD Oct 26 to Oct 30 Outlook
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USDCAD Jan 12 to Jan 16 Outlook
Lawrence’s Comment
Reacted to 1.18 as expected. Pullback to equal distance from Monday high and stopped dropping. Renew rally sent the pair up to 1.185 zone on 2nd try. 1.18 turned into support and another run started. Closed the week above Y+1 and midpoint.
Outlook
1.18 support points to the potential parabolic run to Y+3 or 1.20 zone. If we see break down below B-0 without a run above B+2 first, a pullback to B-2 is likely.
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