Trading Edges That Last
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Lawrence's Comment Recap Retest of Y-1 and support below as expected. Struggled a bit down there but managed to print week high later in the week. Closed the week near Y-0 and ...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 2016-3-17Precog Vision – Forex 2018-6-18Precog Vision – Forex 2013-12-25AUDUSD Jul 21 to Jul 25 OutlookIntraday Cycle Projection (USDCAD) 2014-04-18Precog Vision – Forex 2020-12-17Hot n Cold (USDCAD) 2012-7-133DP Odds Table (USDCAD) 2018-08-29Intraday Cycle Projection (USDCAD) 2015-05-11Hot n Cold (USDCAD) 2023-4-28
As Featured In
USDCAD Apr 13 to Apr 17 Outlook
Lawrence’s Comment
Another week of consolidation as expected. Bear flag in beginning of the week drove the price down to Y-1 for a retest. W. spring formed and sent it back up to Y-0 and stalled. Closed the week below Y-0 and above midpoint.
Outlook
Weekly level consolidation will continue until either end of the consolidation range is breached. The way a base is built at Y-1 / B-1 zone so far implies bullish continuation on weekly with B+2 / Y+1 to be tested eventually.
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