Trading Edges That Last
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Lawrence's Comment Recap 100% range expansion downside out of the daily consolidation area. Then went all the way back up to challenge Y-1 and failed. Finally closed the week at 2350 ...READ MORELawrence's Comment Recap 78 tested and held very well the whole week. Closed the week bouncing off 78 and near week high. Outlook As long as B-0 acts as support, B+2 should ...READ MOREPrecog Vision – Forex 2021-3-233DP Odds Table (USDCAD) 2015-07-153DP Odds Table (USDCAD) 2020-12-14GBPUSD Jan 08 to Jan 12 OutlookPrecog Vision – Forex 2018-9-26Dow 30 Feb 19 to Feb 23 Outlook3DP Odds Table (USDCAD) 2012-04-05Precog Vision – Forex 2014-3-5Nasdaq 100 May 23 to May 27 OutlookUSDJPY Jul 30 to Aug 03 Outlook
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USDCAD Dec 09 to Dec 13 Outlook
Lawrence’s Comment
Went higher and tagged 1.07 round number and stalled. Consolidation since. Closed the week near Y+1 and below midpoint.
Outlook
Similar to Aussie, affected by gold’s multiple attempts to find a bottom, Loonie not stable at the current level.
B-1 must hold for the pair to go higher.
Once B-1 is breached, B-2 and below will be in play. That is likely to be triggered by a rally in gold.
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