Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Retest of pre-breakout level as expected when Euro failed to hold above Y-0. Closed the week below Y-0 and midpoint. Outlook Tight range week waiting for news to find ...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 Pre-Brexit ramp up from Y+1 to normal breakout target of Y+3. Spike reversal from Y+3 gave us Y+1 and then Y-1. Closed the week near Y+1 and midpoint. ...READ MORELawrence's Comment Recap Bounced off the close of the week prior to fill the gap above. Then gapped up off news shock and rumors from Europe. ES sold off since and ...READ MOREEURUSD Feb 22 to Feb 26 Outlook3DP Odds Table (USDCAD) 2017-02-03Nasdaq 100 Dec 26 to Dec 30 OutlookIntraday Cycle Projection (USDCAD) 2013-10-163DP Odds Table (USDCAD) 2018-07-11Precog Vision – Forex 2021-10-22AUDUSD Jun 27 to Jul 01 Outlook3DP Odds Table (USDCAD) 2015-05-13S&P 500 Oct 03 to Oct 07 OutlookIntraday Cycle Projection (USDCAD) 2016-02-02
As Featured In
USDCAD Dec 03 to Dec 07 Outlook
Lawrence’s Comment
As expected the flush from the week prior to last did not produce more down side extension. Consolidated around Y-1 and Y-0. Closed the week above midpoint and above Y-1.
Outlook
The wild swing in gold and cruel should have pressured Loonie. Yet, we have not seen US dollar gaining strength over it.
A clean breakout above B+1 will give us a swing long to 1st target of B+3 and higher.
Share