Trading Edges That Last
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Lawrence's Comment Recap Y-0 support lifted Aussie to test Y+1. Since then consolidated for FOMC announcement. After, Y+1 cleared and 100% range expansion move to above Y+2 before finding resistance. Closed the ...READ MORELawrence's Comment Recap Cable failed to hold Y-1 as expected and dropped to the target zone mentioned last week. It failed to bounce above Y-1, hence the down trend continued until 100% ...READ MOREAUDUSD Feb 05 to Feb 09 Outlook3DP Odds Table (USDCAD) 2020-08-05Intraday Cycle Projection (USDCAD) 2018-09-073DP Odds Table (USDCAD) 2015-02-16S&P 500 Jan 31 to Feb 04 OutlookPrecog Vision – Forex 2019-8-8AUDUSD Sep 26 to Sep 30 OutlookEURUSD Mar 06 to Mar 10 OutlookGBPUSD Mar 16 to Mar 20 Outlook3DP Odds Table (USDCAD) 2011-07-12
As Featured In
USDCAD Aug 01 to Aug 05 Outlook
Lawrence’s Comment
Tried to hold above Y+1 but failed. Pullback to support zone and failed to clear Y+1 since led to another drop to Y-0 and below. Closed the week near Y-0 and week low.
Outlook
Rally off a thin up channel was not sustainable. Pullback down to same consolidation range over the past several weeks. Back to wait and see mode.
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