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Lawrence's Comment Recap Found support at Y-0 / support zone mentioned last week and started a squeeze up to normal Y+2 target. Resistance at Y+2 dropped Aussie back down to previous week ...READ MORELawrence's Comment Recap What normal? Another continuous drift higher until round number 13900 was tagged. Led to the usual 100 points pullback. Then extreme reaction to the level with a gap up ...READ MORELawrence's Comment Recap Y-1 holds and news shock from Japan forced the continuation rally to resume. Tagged Y+2. Closed the week near the high of the week. Outlook Support zone confirmed. Continue ...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 MOREAUDUSD Feb 08 to Feb 12 OutlookDow 30 Feb 04 to Feb 08 Outlook3DP Odds Table (USDCAD) 2012-02-23Intraday Cycle Projection (USDCAD) 2012-05-08Nasdaq 100 Jan 16 to Jan 20 OutlookUSDJPY Jun 25 to Jun 29 OutlookHot n Cold (USDCAD) 2012-4-4Intraday Cycle Projection (USDCAD) 2013-04-16Intraday Cycle Projection (USDCAD) 2018-08-27Precog Vision – Forex 2016-6-6
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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