Trading Edges That Last
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Recap of last week Pullback as expected. Reacted wildly between 1.61 and 1.60. It is a fight to continue the expansion to the upside - 1.60 is the previous ...READ MORELawrence's Comment Recap NQ failed to clear Y+1 and led to a drop to Y-1 quickly and then it failed to clear Y-0 resulting in more selling into Y-3. That produced a ...READ MOREContentReviewEuro Oversold Condition NeutralizedS&P False BreakoutGold Enters Compression PhaseBitcoin Daily Upside Target Tagged10-Year Note Yield In Wait and See ModeBig Picture SummaryReviewEuro instead of starting its pullback below the resistance ...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 2019-6-21GBPUSD Week of Nov 15th to 19th OutlookHot n Cold (USDCAD) 2013-10-4Intraday Cycle Projection (USDCAD) 2014-12-30Nasdaq 100 Jan 05 to Jan 09 OutlookMBO Issue 134 (February 2023) Both Sides areIntraday Cycle Projection (USDCAD) 2016-11-02Intraday Cycle Projection (USDCAD) 2017-01-04Precog Vision – Forex 2022-12-23Precog Vision – Forex 2019-4-5
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USDCAD Jan 16 to Jan 20 Outlook
Lawrence’s Comment
Pulled back to Y-0 early in the week and started climbing back up. Closed the week below Y+1.
Outlook
Clearly the weekly price levels are not honoured last week. That points to market forces from higher timeframe is in control.
Retest of B+1 in play. Reaction at that price level will determine if this pair is entering a congestion phase.
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