Trading Edges That Last
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Lawrence's Comment Recap Consolidation around Y-1. In waiting mode for ECB's actions this coming week. Closed the week above Y-1 and midpoint. Outlook All week bear flag near Y-1 is bearish. Consolidation ...READ MORELawrence's Comment Recap Early in the week trying to rally from Y-0 to Y+1 failed. Flushed down to Y-1 instead. FBO against Y-1 gave us the 2nd scenario from last week and ...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 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 Dropped lower as expected. Cable tried to bounce from Y-2 but failed to clear Y-1. That opened the door to Y-3 and below. By end of the week Cable ...READ MOREPrecog Vision – Forex 2021-3-2Intraday Cycle Projection (USDCAD) 2020-11-03Precog Vision – Forex 2021-12-22EURUSD Sep 15 to Sep 19 OutlookAUDUSD Feb 25 to Mar 01 OutlookPrecog Vision – Forex 2021-10-7Precog Vision – Forex 2018-12-18GBPUSD Oct 06 to Oct 10 Outlook3DP Odds Table (USDCAD) 2021-09-023DP Odds Table (USDCAD) 2017-08-29
As Featured In
USDCAD Feb 22 to Feb 26 Outlook
Lawrence’s Comment
Initial break of Y-1 resulted in strong reaction and sent this back up to Y-0. Y-0 resistance confirmed and dropped this down to Y-2. Support found and drifted back up to Y-1. Closed the week below Y-1 and near midpoint.
Outlook
Consolidation actions with range trapped between weekly support and daily resistance. More consolidation actions until weekly pullback is done.
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