Trading Edges That Last
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Lawrence's Comment Recap The bearish expectation unfolded. Y-1 breached with Y-2 almost tagged. Bounced to Y-0 but failed to hold above Y-1. Closed the week below Y-1 and midpoint. Outlook As explained ...READ MORELawrence's Comment Recap Bounced back to Y-0 early in the week. Y-0 stopped the bounce and gave us a drop down to new low below Y-1. Stopped going lower before touching downside ...READ MOREHot n Cold (USDCAD) 2016-5-27Intraday Cycle Projection (USDCAD) 2017-03-09EURUSD Apr 17 to Apr 21 OutlookNasdaq 100 Sep 12 to Sep 16 Outlook3DP Odds Table (USDCAD) 2017-10-18USDJPY Jan 12 to Jan 16 OutlookUSDJPY Nov 16 to Nov 20 OutlookGBPUSD Feb 11 to Feb 15 OutlookWeekly Cycle Projection (USDCAD) 2020-10-12Intraday Cycle Projection (USDCAD) 2011-04-06
As Featured In
USDCAD Dec 19 to Dec 23 Outlook
Lawrence’s Comment
Y+1 failed to hold the pair down led to a quick run up to Y+2 before the pair stalled. Pulled back to midpoint and closed the week at Y+2.
Outlook
Breakout happened suddenly due to news shock from euro zone. Ran up a bit too fast without proper testing of Y+1 before it took off. If the pair failed to go higher than Y+3, a retest of Y+1 is in play.
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