Trading Edges That Last
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Lawrence's Comment Recap Aussie spiked above Y+1 yet not able to hold above. Consolidated above Y-0. Swinged below with immediate snap back points to retest of Y+1 and above. Got Y+2 and ...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 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 2013-4-8USDCAD Mar 04 to Mar 08 Outlook3DP Odds Table (USDCAD) 2021-04-22AUDUSD Jan 19 to Jan 23 OutlookIntraday Cycle Projection (USDCAD) 2011-04-213DP Odds Table (USDCAD) 2017-09-29Precog Vision – Forex 2015-7-30Weekly Cycle Projection (USDCAD) 2019-10-07Precog Vision – Forex 2014-12-16Intraday Cycle Projection (USDCAD) 2015-05-15
As Featured In
USDCAD Feb 08 to Feb 12 Outlook
Lawrence’s Comment
Y-1 FBO led to a bounce back up to resistance below Y-0. 2nd attempt at Y-1 gave us a clean drop to below Y-2 and 100% absolute range expansion and bounced from there. Closed the week below Y-1 and above midpoint.
Outlook
Breaking down from daily support down to weekly support. Strong reaction at weekly support suggest that potential bottom building in progress on weekly level. Expect more sideway actions and resistance at Y-1 / B-0 zone. If Y-1 turning into support and B+1 is cleared, upside target B+2.
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