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 Sold off from resistance mentioned last week down to Y-2 target. Closed the week below Y-1 and near week low. Outlook Breaking below B-1 without testing B-0 first points ...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 2019-10-73DP Odds Table (USDCAD) 2012-05-213DP Odds Table (USDCAD) 2017-08-03EURUSD Nov 22 to Nov 26 OutlookUSDCAD Jul 11 to Jul 15 Outlook3DP Odds Table (USDCAD) 2022-09-26Nasdaq 100 Jul 19 to Jul 23 OutlookEURUSD May 16 to May 20 OutlookIntraday Cycle Projection (USDCAD) 2012-02-01Precog Vision – Forex 2015-7-16
As Featured In
USDCAD May 11 to May 15 Outlook
Lawrence’s Comment
Y-0 did not act as support at all on first test. This opened the door to Y-1 and the test of Y-1 led to a strong bounce. Closed the week near Y-0 and midpoint.
Outlook
Closing near midpoints means indecision. Y-1 / B-1 confirmed strong support, until proven otherwise, as long as B-0 down to B-1 acting as support, a test of B+1 and B+2 will be in play.
Share