Trading Edges That Last
- You May Also LikeFor 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 MORE
Lawrence's Comment Recap Tight range consolidation all week even though US dollar has strengthen across the board last week. Good example of low participation translate into meaningless price movements on higher timeframes. ...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 2nd inside week with magic support right above Y-1. Closed the week near Y-1 and B-1. Outlook No one dare to challenge BOJ hence the choppy actions and lack ...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 MORE3DP Odds Table (USDCAD) 2012-09-27Precog Vision – Forex 2011-6-15S&P 500 May 25 to May 29 OutlookPrecog Vision – Forex 2019-7-93DP Odds Table (USDCAD) 2022-11-10USDJPY Feb 02 to Feb 06 OutlookUSDJPY Nov 18 to Nov 22 OutlookPrecog Vision – Forex 2018-8-23USDJPY Dec 14 to Dec 18 OutlookS&P 500 May 11 to May 15 Outlook
As Featured In
USDCAD Feb 18 to Feb 22 Outlook
Lawrence’s Comment
Popped higher right from the start of the week and tagged Y+2. This opened the doorway to go higher. Then pullback to above Y-0 forming a double bottom on 4 hour and resumed the rally. Did not tag the upside target mentioned last week though. Closed the week above Y+1 and midpoint.
Outlook
Should move above B+1 early next week. Unlike Aussie holding its ground, Loonie has been weak against dollar following the weaknesses in gold. This makes Loonie more difficult to trade going forward.
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