Trading Edges That Last
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Lawrence's Comment Recap Cable found support at Y-0 for a test of Y+1. Y+1 resistance on first try and sent cable back down to Y-0. Second attempt at Y+1 led to FBO ...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 MORELawrence's Comment Recap As expected the 3 pushes up led to a selloff below Y-1. Instead of falling further, cable consolidated in range. Closed the week above midpoint. Outlook This week due to ...READ MOREWeekly Cycle Projection (USDCAD) 2020-08-103DP Odds Table (USDCAD) 2020-11-063DP Odds Table (USDCAD) 2020-07-21GBPUSD Feb 01 to Feb 05 Outlook3DP Odds Table (USDCAD) 2016-01-27USDCAD May 16 to May 20 OutlookNasdaq 100 May 01 to May 05 OutlookPrecog Vision – Forex 2018-7-16GBPUSD Aug 08 to Aug 12 OutlookGBPUSD May 03 to May 07 Outlook
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USDCAD Jul 16 to Jul 20 Outlook
Lawrence’s Comment
A push towards Y+2 as expected. Failed on 3rd try resulting in a quick slide back down to Y-0. Closed the week near week low.
Outlook
As long as B-0 acting as resistance, there should be more downside. B-2 is likely early next week. The goal could be simply forcing a flush towards par.
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