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Lawrence's Comment Recap Y-1 breached early in the week but did not act as resistance. W. spring formed with Y-1 acting as support sending euro back up to Y-0. Closed the week ...READ MOREWeekly Cycle Projection (USDCAD) 2012-07-16GBPUSD May 15 to May 19 OutlookS&P 500 Nov 16 to Nov 20 OutlookUSDJPY Nov 16 to Nov 20 OutlookPrecog Vision – Forex 2018-10-15Intraday Cycle Projection (USDCAD) 2012-09-27Precog Vision – Forex 2017-1-13Precog Vision – Forex 2022-4-19EURUSD Apr 20 to Apr 24 OutlookHot n Cold (USDCAD) 2011-5-27
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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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