Trading Edges That Last
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Lawrence's Comment Recap Y-0 acted as resistance gave us a go for the downside target of Y-2. Got my target and Loonie reacted to the level. Strong bounce took Loonie back up ...READ MOREPrecog Vision – Forex 2022-8-31Precog Vision – Forex 2015-7-23Hot n Cold (USDCAD) 2017-10-6Intraday Cycle Projection (USDCAD) 2018-11-30Hot n Cold (USDCAD) 2016-6-17Precog Vision – Forex 2019-10-7Precog Vision – Forex 2015-5-12Intraday Cycle Projection (USDCAD) 2017-01-11USDCAD Dec 16 to Dec 20 OutlookIntraday Cycle Projection (USDCAD) 2012-08-14
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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