Trading Edges That Last
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Lawrence's Comment Recap Seasonal sell worked out beautifully cleaning out the late buyers over the past few weeks. Closed the week below Y-4 and at week low. Outlook Seasonal bias to the ...READ MORELawrence's Comment Recap Tight range consolidation before FOMC announcement. After that, spike high to test Y-0 and failed to clear it. Fell hard down to Y-2 before finding support. Closed the week ...READ MORELawrence's Comment Recap As expected, cable price trapped between Y-1 to Y+1. Attempt to break lower failed then higher high and higher low swinged cable back up to almost Y+1. Closed the ...READ MOREPrecog Vision – Forex 2020-6-253DP Odds Table (USDCAD) 2017-10-13Precog Vision – Forex 2022-1-28Intraday Cycle Projection (USDCAD) 2019-01-15S&P 500 Dec 15 to Dec 19 OutlookIntraday Cycle Projection (USDCAD) 2011-06-243DP Odds Table (USDCAD) 2015-11-27USDJPY Sep 26 to Sep 30 Outlook3DP Odds Table (USDCAD) 2014-05-07GBPUSD Sep 30 to Oct 04 Outlook
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USDCAD Feb 20 to Feb 24 Outlook
Lawrence’s Comment
A minor data problem affected the chart. Week high was 1.05 area which was a challenge of the resistance zone and failed. Closed the week below Y-0 and midpoint.
Outlook
As mentioned last week that even if USD is strengthening, it will take time before it can rally off this support area. The struggle obviously is still going on.
Still looking for a base to form in this area but not much expectation for good moves yet.
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