Trading Edges That Last
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Lawrence's Comment Recap No rally in the beginning of the week sealed the downside move to Y-3. What I did not expect was that bounce actions were so weak on ...READ MOREGBPUSD Jan 16 to Jan 20 OutlookPrecog Vision – Forex 2017-11-15Weekly Cycle Projection (USDCAD) 2016-04-04Intraday Cycle Projection (USDCAD) 2014-11-19GBPUSD Jun 08 to Jun 12 OutlookGBPUSD May 30 to Jun 03 Outlook3DP Odds Table (USDCAD) 2015-07-29Precog Vision – Forex 2020-7-20Weekly Cycle Projection (USDCAD) 2013-04-08S&P 500 May 21 to May 25 Outlook
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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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