Trading Edges That Last
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Lawrence's Comment Recap As expected intervention triggered. But at least half of that disappeated by Friday close. Outlook This week due to the S&P downgrade, potential Fed and G8 inventions will throw all ...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 2023-2-10Precog Vision – Forex 2018-7-20Intraday Cycle Projection (USDCAD) 2017-03-16Hot n Cold (USDCAD) 2014-10-10USDJPY Aug 08 to Aug 12 OutlookEURUSD Mar 15 to Mar 19 OutlookIntraday Cycle Projection (USDCAD) 2021-08-20Intraday Cycle Projection (USDCAD) 2018-11-16Precog Vision – Forex 2017-1-17Intraday Cycle Projection (USDCAD) 2013-02-15
As Featured In
USDCAD Jan 23 to Jan 27 Outlook
Lawrence’s Comment
As oppose to retest Y+1, Loonie did a 1-2-3 sell off Y-0 right from the start of the week. That points to at least a retest of Y-1. 100% absolute range expansion reached and bounced back to midpoint before closing lower.
Outlook
B-1 retest likely.
Breaking below points to a potential 3rd push down to 1.00 area.
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