Trading Edges That Last
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Lawrence's Comment Recap Daily uptrend was broken but you cannot beat b.s. spreading from Europe again. The resistance at B-0 was destroyed right off the beginning of the week. After ...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 MOREPrecog Vision – Forex 2019-2-14Intraday Cycle Projection (USDCAD) 2015-06-17GBPUSD Feb 08 to Feb 12 OutlookPrecog Vision – Forex 2017-9-19Precog Vision – Forex 2019-10-7Dow 30 Oct 08 to Oct 12 OutlookPrecog Vision – Forex 2019-10-7EURUSD Dec 25 to Dec 29 OutlookWeekly Cycle Projection (USDCAD) 2017-09-183DP Odds Table (USDCAD) 2016-09-08
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USDCAD Mar 23 to Mar 27 Outlook
Lawrence’s Comment
Loonie reacted the same way like the other majors to the FOMC announcement last week. Break down from the daily up trend tagged normal sell off target of Y-2. Strong reaction to Y-2. Closed the week below Y-1 and midpoint.
Outlook
Outside week and closing below Y-1 is bearish. Short term top in place with sideway actions expected as weekly up trend is still intact.
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