Trading Edges That Last
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Lawrence's Comment Recap FOMC announcement decided the fade of Euro by defending PWC and led to an all out short squeeze. Surprise swing points to Y+3 in play. Closed the week above ...READ MORELawrence's Comment Recap No pullback to support making this more difficult to go higher. Consolidation above Y+1 all week. Closed the week above midpoint and Y+1. Outlook Y+1 acted as support all week points ...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 2016-8-23Intraday Cycle Projection (USDCAD) 2012-05-18Intraday Cycle Projection (USDCAD) 2020-07-07EURUSD Aug 01 to Aug 05 Outlook3DP Odds Table (USDCAD) 2022-04-153DP Odds Table (USDCAD) 2012-05-153DP Odds Table (USDCAD) 2016-05-26GBPUSD May 06 to May 10 OutlookHot n Cold (USDCAD) 2011-6-10Precog Vision – Forex 2021-9-15
As Featured In
USDCAD Aug 18 to Aug 22 Outlook
Lawrence’s Comment
Easy play of the week. The pair simply rejected resistance and dropped to target. Closed the week below Y-1 and midpoint.
Outlook
Pullback in progress. Strong support between B-1 down to B-2 on weekly and higher timeframes. 1.08 is the magic support / resistance for years in the past. Once B-0 is cleared retest of Y+1 likely.
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