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Lawrence's Comment Recap Pullback as expected. Down to Y-0 zone as expected. And took off to retest Y+1, then breakout to almost Y+2. Closed the week near high of week. Outlook The ...READ MORELawrence's Comment Recap No rally in the beginning of the week sealed the downside move to Y-3. What I did not expect was that bounce actions were so weak on ...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 MOREUSDJPY Mar 12 to Mar 16 OutlookNasdaq 100 Jan 11 to Jan 15 OutlookS&P 500 May 21 to May 25 OutlookPrecog Vision – Forex 2021-7-8Hot n Cold (USDCAD) 2011-9-9Hot n Cold (USDCAD) 2018-1-19Hot n Cold (USDCAD) 2020-4-243DP Odds Table (USDCAD) 2015-01-16Hot n Cold (USDCAD) 2018-11-163DP Odds Table (USDCAD) 2023-05-02
As Featured In
USDCAD Jan 19 to Jan 23 Outlook
Lawrence’s Comment
Target of 1.20 tagged early in the week. Then SNB mess sent this back down to Y-0 support. A squeeze was launched with parabolic target at Y+3 tagged by the end of the week. Closed the week near Y+2 and above midpoint.
Outlook
1.20 is long term parking zone. It will be difficult to see much more up side from here until we see some consolidation / pullback on weekly. This week consolidation at 50% range around close is likely.
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