Trading Edges That Last
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Lawrence's Comment Recap Bottom side of the gap range (12400-12900) mentioned last week was tested and decidely rejected. Closed the week above previous week close. Outlook As long as B-0 acts as ...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 Got downside target of Y-2 right in the beginning of the week. Bounced off target back to Y-1. Retested with higher low and 1-2-3 buy off Y-1. Classic reversal ...READ MOREDow 30 Jul 16 to Jul 20 OutlookPrecog Vision – Forex 2017-7-11USDJPY Apr 08 to Apr 12 OutlookIntraday Cycle Projection (USDCAD) 2017-08-21AUDUSD Jan 03 to Jan 07 OutlookAUDUSD Apr 04 to Apr 08 Outlook3DP Odds Table (USDCAD) 2014-09-29Dow 30 Feb 12 to Feb 16 Outlook3DP Odds Table (USDCAD) 2020-07-02EURUSD Mar 12 to Mar 16 Outlook
As Featured In
USDCAD Dec 30 to Jan 03 Outlook
Lawrence’s Comment
Weaken early in the week but Y-1 was never tested. Consolidated below Y-0 during the quiet holidays. Then a low volume short squeeze / stop run took Loonie conveniently up to 1.07 zone again. Closed the week above Y-0 and near week high.
Outlook
Inside week. Y-0 and B-0 near each other. All implies indecision. Breakout play points to a run to either B+3 or B-3 after new year. Reaction at B+1 and B-1 will tell how many people are trapped within the current range.
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