Trading Edges That Last
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Lawrence's Comment Recap As expected, Cable has more upside to go and that played out last week. A directional squeeze up to Y+2 near 1.7 finally produced an exhaustion. Cable weaken since ...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) 2015-08-14Intraday Cycle Projection (USDCAD) 2012-12-073DP Odds Table (USDCAD) 2018-03-28EURUSD Jul 03 to Jul 07 OutlookGBPUSD May 12 to May 16 Outlook3DP Odds Table (USDCAD) 2012-02-13Intraday Cycle Projection (USDCAD) 2012-01-203DP Odds Table (USDCAD) 2023-05-02Precog Vision – Forex 2022-2-25Intraday Cycle Projection (USDCAD) 2017-10-10
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USDCAD Apr 23 to Apr 27 Outlook
Lawrence’s Comment
Sold off as expected to our downside target from resistance zone. Closed the week below Y-1 and midpoint.
Outlook
Y-0 down to B-0 is now resistance zone.
Failure to take out B-0 is likely and a retest of B-1 will tell us if support is found or a flush to B-2 is needed.
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