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Lawrence's Comment Recap Break of Y-1 happened, and we got Y-2 as stated last week. Thereafter, Dow was trapped between Y-2 and Y-1 til the end of the week. Outlook Euro zone ...READ MORELawrence's Comment Recap The likely (normal) scenario did not happen and Y-0 was taken out by a gap. Mid gap acted as support and rallied to upside target of Y+1 and ...READ MORELawrence's Comment Recap The weaknesses observed last week played out well and cable dropped below target Y-1. After 100% absolute range expansion is completed, cable bounced off and closed the ...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 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 Instead of sharp bounce to Y-0 resistance, we got a gap open in the beginning of the week. No strength to challenge Y-0 at all. Continuation selloff sent cable ...READ MOREPrecog Vision – Forex 2017-6-1Dow 30 Dec 19 to Dec 23 OutlookNasdaq 100 Mar 28 to Apr 01 OutlookGBPUSD Jan 02 to Jan 06 Outlook3DP Odds Table (USDCAD) 2016-07-12Intraday Cycle Projection (USDCAD) 2011-11-16Precog Vision – Forex 2022-4-12Precog Vision – Forex 2017-4-14Precog Vision – Forex 2014-7-29GBPUSD Aug 25 to Aug 29 Outlook
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USDCAD Feb 25 to Mar 01 Outlook
Lawrence’s Comment
As expected, the pair moved above Y+1 quickly. The nice surprise was that the strength of the run not only carry the pair higher to Y+3 (normal breakout target) but also to the melt up price Y+5. Closed the week above Y+3 and midpoint.
Outlook
End of week showed signs of exhaustion. Likely consolidation below B+1 and above Y+2. As gold is showing signs of swing bottom forming, can cap the strength in this pair for a while.
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