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Lawrence's Comment Recap Dow tried to fill the open gap above early in the week and failed. Y-1 turned into resistance and sent Dow down to Y-2. Y-2 acted as support 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 MORELawrence's Comment Recap Gap above Y+1 killed the pullback potential down to Y-2. That did not changed the consolidation actions that is expected for the week. Wild swings by the end of ...READ MORELawrence's Comment Recap As expected, Dow broke below Y-1 early in the week and tagged Y-2. Tried hard to stage a bottom there and failed. That set the stage for Y-3 to ...READ MOREWeekly Cycle Projection (USDCAD) 2022-10-24Intraday Cycle Projection (USDCAD) 2020-12-28Dow 30 Sep 28 to Oct 02 Outlook3DP Odds Table (USDCAD) 2021-04-16Precog Vision – Forex 2015-10-12USDJPY Dec 05 to Dec 09 OutlookIntraday Cycle Projection (USDCAD) 2018-04-16Dow 30 Mar 03 to Mar 07 OutlookIntraday Cycle Projection (USDCAD) 2021-06-21Dow 30 Sep 30 to Oct 04 Outlook
As Featured In
USDCAD Aug 22 to Aug 26 Outlook
Lawrence’s Comment
Y-0 down to Y-1 acted as support as expected but the rally failed to retest Y+1 as the second half of the week we got more news shocks messing around.
Outlook
Loonie is developing a spike and ledge. If B-1 is broken without any upside breakout or breach of B+1 at all, a selloff can take it down to Y-3.
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