Trading Edges That Last
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Lawrence's Comment Recap Consolidation above Y-0 not only gave us a rally to retest Y+1, it also gave us a clean breakout leading to a squeeze to Y+3. Closed the week near ...READ MORELawrence's Comment Recap Started the week holding Y-0. Upside breakout tagged target Y+2 and stalled. Struggled to hold Y+1 since. Closed the week above Y+1 and near midpoint. Outlook 1.13 and above ...READ MOREGBPUSD Apr 10 to Apr 14 Outlook3DP Odds Table (USDCAD) 2022-07-29Hot n Cold (USDCAD) 2012-4-123DP Odds Table (USDCAD) 2022-04-11Intraday Cycle Projection (USDCAD) 2022-03-02Intraday Cycle Projection (USDCAD) 2019-07-163DP Odds Table (USDCAD) 2022-12-23USDCAD Jan 28 to Feb 01 OutlookUSDCAD Oct 20 to Oct 24 OutlookUSDCAD Nov 18 to Nov 22 Outlook
As Featured In
USDCAD Jan 19 to Jan 23 Outlook
Lawrence’s Comment
Target of 1.20 tagged early in the week. Then SNB mess sent this back down to Y-0 support. A squeeze was launched with parabolic target at Y+3 tagged by the end of the week. Closed the week near Y+2 and above midpoint.
Outlook
1.20 is long term parking zone. It will be difficult to see much more up side from here until we see some consolidation / pullback on weekly. This week consolidation at 50% range around close is likely.
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