Trading Edges That Last
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Lawrence's Comment Recap Got the FBO against Y+1 mentioned last week. Tagged Y-3 as expected. The easiest play last week. Closed the week near week low and above Y-3. Outlook As long as B-0 ...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 MOREUSDCAD Sep 09 to Sep 13 OutlookPrecog Vision – Forex 2013-2-25Intraday Cycle Projection (USDCAD) 2016-09-15Intraday Cycle Projection (USDCAD) 2016-04-25Intraday Cycle Projection (USDCAD) 2015-06-113DP Odds Table (USDCAD) 2020-11-243DP Odds Table (USDCAD) 2016-02-08USDJPY Feb 13 to Feb 17 OutlookEURUSD Sep 12 to Sep 16 OutlookPrecog Vision – Forex 2016-10-18
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USDCAD Jul 02 to Jul 06 Outlook
Lawrence’s Comment
First test of Y-1 led to pullback to Y-0. Y-0 held very well and gave us Y+2. Then euro zone news shock sending the pair all the way back to Y-1. Closed the week at week low near Y-1.
Outlook
News driven market. The stage is set to flush out the longs from the past few weeks. As long as Y-0 to B-0 acts as resistance, new low is expected for next week.
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