Trading Edges That Last
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Lawrence's Comment Recap Spent most part of the week above Y-0 and right below Y+1 but failed to make a push above Y+1. Then the pair simply dropped through Y-0 as if ...READ MORELawrence's Comment Recap Total collapse in the beginning of the week. Yet formed a double bottom from there and zoomed back up to previous week close. Failed from there and ...READ MORELawrence's Comment Recap 78 tested and held very well the whole week. Closed the week bouncing off 78 and near week high. Outlook As long as B-0 acts as support, B+2 should ...READ MORELawrence's Comment Recap Loonie finally breakout of the 3 week boundary. Y+1 was not even touched when the pullback started. Y-0 was cleared quickly opening the way to Y-1. Strong 4 hour ...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 MOREPrecog Vision – Forex 2020-7-13USDCAD Apr 29 to May 03 OutlookGBPUSD Apr 09 to Apr 13 OutlookHot n Cold (USDCAD) 2016-4-22Weekly Cycle Projection (USDCAD) 2022-01-24Dow 30 Jul 02 to Jul 06 OutlookUSDJPY Jul 30 to Aug 03 Outlook3DP Odds Table (USDCAD) 2022-09-16USDCAD Apr 20 to Apr 24 OutlookPrecog Vision – Forex 2017-1-31
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USDCAD Apr 22 to Apr 26 Outlook
Lawrence’s Comment
Rallied right off the start clearing Y-0 and Y+1 in one go. That opened the door to Y+2. Got Y+2 mid week. Drifting sideway since. Closed the week below Y+2 and above midpoint.
Outlook
Double rejection from past 3 weeks with eventual breakout to the upside points to more upside. Looking for B+2 and B+3 in coming weeks as long as B-0 acts as support.
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