Trading Edges That Last
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Lawrence's Comment Recap Just like ninja, support zone failed to produce a low. Door to Y-1 opened. Y-1 target zone reached and the drop stalled. Closed the week below Y-0 and near ...READ MORELawrence's Comment Recap As noise coming from various events dying down, normal behaviour came back. A breakout of Y+1 points to Y+2 target for the week. That was completed by Friday. Outlook The ...READ MOREContent Review Euro at Very Interesting Juncture S&P Summer Updrift Begins Gold in Trouble ...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 The messed up pair of the week. Started out the week with Y-0 acting as resistance, forcing it to break down to target zone Y-3. Then staged a ...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 MOREIntraday Cycle Projection (USDCAD) 2018-08-24USDCAD Jun 16 to Jun 20 OutlookDow 30 Apr 04 to Apr 08 OutlookIntraday Cycle Projection (USDCAD) 2014-09-23MBO Issue 79 (Jul 2018) Climbing a WallPrecog Vision – Forex 2014-2-5Intraday Cycle Projection (USDCAD) 2020-09-02USDCAD Jun 06 to Jun 10 Outlook3DP Odds Table (USDCAD) 2011-05-16Precog Vision – Forex 2019-10-7
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USDCAD May 09 to May 13 Outlook
Lawrence’s Comment
Falling wedge completed with FBO against Y-1 gave us reversal back up to Y+3. Closed the week above Y+2 and near week high.
Outlook
This reversal is expected and just a matter of time for the weekly pullback to complete. Strong support at B-0 with retest of year high in play.
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