Trading Edges That Last
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Recap of Last Week Rally to prior week high, trapped in between yellow zone and green zone as mentioned last week, and then selloff to target red zone. A ...READ MORELawrence's Comment Recap Consolidation play around Y-1 then wild swings due to news shocks later in the week. Closed the week below Y-0 and near week high. Outlook Cable anchored itself to ...READ MORELawrence's Comment Recap Y-0 acted as support on first test but failed to hold up loonie afterwards, that opened the door to tag Y-1 and Y-2. Closed the week near Y-2. Outlook 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 MOREIntraday Cycle Projection (USDCAD) 2018-03-13Dow 30 Jun 27 to Jul 01 OutlookGBPUSD Dec 20th to Dec 24th OutlookHot n Cold (USDCAD) 2014-6-13GBPUSD Jun 20 to Jun 24 OutlookGBPUSD Jun 25 to Jun 29 OutlookUSDCAD Sep 19 to Sep 23 OutlookPrecog Vision – Forex 2015-5-8USDJPY Apr 13 to Apr 17 OutlookUSDJPY Aug 24 to Aug 28 Outlook
As Featured In
USDCAD Aug 17 to Aug 21 Outlook
Lawrence’s Comment
As explained last week, gold will play an important role. As gold rallied last week, this pair went thru wild take down until Y-2 was tagged. Closed the week below Y-0 and above midpoint.
Outlook
Pullback on 4 hours to daily support found buyers. That is bullish. As long as Y-1 / B-0 acting as support, a retest of Y+1 is likely.
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