Trading Edges That Last
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Lawrence's Comment Recap Situation in Crimea produced the spike reversal I was looking for. It happened overnight from Sunday which is not showing on this chart. Short squeeze produced a measured move ...READ MORELawrence's Comment Recap Drifted back up to Y-0 as expected. Sideway actions since. Closed the week below Y-0 and near week low. Outlook The expectation of retesting Y-1 is still in play. ...READ MORELawrence's Comment Recap No extra intervention, so euro has to return to where the breakout started around Y-1. Closed the week at midpoint. Outlook No strong directional bias building up. Slight edge for ...READ MORE3DP Odds Table (USDCAD) 2013-07-043DP Odds Table (USDCAD) 2013-01-10Precog Vision – Forex 2015-1-19Nasdaq 100 Mar 24 to Mar 28 OutlookUSDJPY Feb 22 to Feb 26 OutlookEURUSD Dec 12 to Dec 16 OutlookIntraday Cycle Projection (USDCAD) 2013-01-113DP Odds Table (USDCAD) 2022-02-22GBPUSD Dec 28 to Jan 01 OutlookIntraday Cycle Projection (USDCAD) 2014-03-17
As Featured In
USDCAD Apr 28 to May 02 Outlook
Lawrence’s Comment
Consolidation around previous week close. Wait and see situation due to the crisis in Ukraine has taken a turn for the worse. Gold strengthen last week played a role in keeping Loonie strong. Closed the week below Y+1 and near midpoint.
Outlook
Compression leads to breakout. B-3 and B+3 are now in play depending on the breakout direction. Odds slightly favour a sharp pullback based on chart pattern.
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