Trading Edges That Last
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Lawrence's Comment Recap Consolidation around previous week close at 50% range. A rare normal breather since the beginning of this year. Closed the week below Y+1 and near midpoint. Outlook A marginal double top ...READ MOREIntraday Cycle Projection (USDCAD) 2012-10-16Precog Vision – Forex 2014-1-103DP Odds Table (USDCAD) 2023-04-07Precog Vision – Forex 2016-10-53DP Odds Table (USDCAD) 2018-07-173DP Odds Table (USDCAD) 2012-03-09Intraday Cycle Projection (USDCAD) 2023-04-13Precog Vision – Forex 2015-2-12S&P 500 Feb 24 to Feb 28 OutlookHot n Cold (USDCAD) 2014-1-3
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USDCAD Dec 23 to Dec 27 Outlook
Lawrence’s Comment
Quiet start like other pairs until FOMC news shock. Y+2 usual upside target blocked the upswing. Closed the week above Y-0 and below midpoint.
Outlook
Loonie rejected the upside decisively.As long as B-0 / Y+1 acting as resistance another try at B-1 is likely.
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