Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap No breakout. Simply consolidated within Y-1 to Y-0. Outlook Y-0 is the resistance area we are looking for a clue for continuation selloff or a break of the ...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 MORELawrence's Comment Recap Spike top led to test of Y-1 and wait for Brexit. Spike low against Y-1 led to a rush back up to Y-0 and then Y+1. Closed the week ...READ MORE3DP Odds Table (USDCAD) 2015-08-12GBPUSD Jul 04 to Jul 08 OutlookPrecog Vision – Forex 2021-4-26Intraday Cycle Projection (USDCAD) 2017-11-13Intraday Cycle Projection (USDCAD) 2021-09-03S&P 500 May 06 to May 10 OutlookPrecog Vision – Forex 2015-1-14USDCAD Jun 27 to Jul 01 Outlook3DP Odds Table (USDCAD) 2014-10-313DP Odds Table (USDCAD) 2019-10-07
As Featured In
USDCAD May 20 to May 24 Outlook
Lawrence’s Comment
Y-0 acted as support as expected and Y+2 upside target tagged early in the week. Then Y+1 acting as support gave us a go for Y+3. Closed the week near week high and below Y+3.
Outlook
Weaknesses in gold helped the reversal going higher here. The last part of the up run was classic stop run so a retest of Y+2 / B-0 is likely. Consolidation with mild downside bias.
Share