Trading Edges That Last
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Lawrence's Comment Recap Y-0 acted as resistance at the start of the week but could not hold the price down on the 2nd try. Price zoomed up but stalled at the same ...READ MORELawrence's Comment Recap Not even a contest at Y-0, Dow gapped up and cleared Y+1 right from the start. That opened the door to Y+2. Then the reversal right below Y+2 opened ...READ MORELawrence's Comment Recap Upside target tagged. Breakout right after and zoomed to almost Y+3. Closed the week at Y+2 and above midpoint. Outlook As mentioned last week, uptrend is intact thus aussie ...READ MOREWeekly Cycle Projection (USDCAD) 2011-05-16Intraday Cycle Projection (USDCAD) 2022-05-18USDCAD Mar 25 to Mar 29 OutlookAUDUSD Feb 13 to Feb 17 OutlookDow 30 May 19 to May 23 OutlookAUDUSD Jul 23 to Jul 27 Outlook3DP Odds Table (USDCAD) 2022-08-193DP Odds Table (USDCAD) 2015-11-20Intraday Cycle Projection (USDCAD) 2018-01-23Intraday Cycle Projection (USDCAD) 2011-08-30
As Featured In
USDCAD Jan 18 to Jan 22 Outlook
Lawrence’s Comment
As expected monthly breakout is giving us more upside and tagged normal Y+3 target. Closed the week near Y+3 and week high.
Outlook
New high still likely. Y+4 resistance will lead to consolidation action around Y+3 / B+1.
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