Trading Edges That Last
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Lawrence's Comment Recap The funniest pair last week. Got the upside breakout above Y+1 which invalidated the bearish potential. Then above turn back down to almost Y-1, even printed 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 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 Held Y-0 and pushed higher for upside breakout and failed. That lead to a clear break of Y-1 and turning Y-0 into resistance. Closed the week at Y-1 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 MOREUSDCAD Oct 22 to Oct 26 OutlookPrecog Vision – Forex 2016-4-27Precog Vision – Forex 2016-4-6Intraday Cycle Projection (USDCAD) 2015-01-22USDJPY May 27 to May 31 OutlookDow 30 Nov 28 to Dec 02 OutlookDow 30 Dec 28 to Jan 01 OutlookPrecog Vision – Forex 2013-10-22Dow 30 Apr 30 to May 04 OutlookIntraday Cycle Projection (USDCAD) 2012-10-15
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USDCAD Feb 20 to Feb 24 Outlook
Lawrence’s Comment
A minor data problem affected the chart. Week high was 1.05 area which was a challenge of the resistance zone and failed. Closed the week below Y-0 and midpoint.
Outlook
As mentioned last week that even if USD is strengthening, it will take time before it can rally off this support area. The struggle obviously is still going on.
Still looking for a base to form in this area but not much expectation for good moves yet.
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