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Lawrence's Comment Recap As expected euro strength continues. The normal consolidation of 50% previous week range also happened, this time above Y+1. Closed the week at Y+1 and below midpoint. Outlook As ...READ MORELawrence's Comment Recap Euro bounced higher from Y-1 but failed to clear Y-0 the strong resistance zone. That opened the door to a flush down to Y-3. Euro reacted to the 1.27 ...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 MORELawrence's Comment Recap Y+1 support helped ninja to push straight up to Y+3 breakout target. Closed the week near Y+3 and above midpoint. Outlook Initial run probably done. Y+3 resistance will signal ...READ MOREWeekly Cycle Projection (USDCAD) 2013-06-17Intraday Cycle Projection (USDCAD) 2015-09-04EURUSD Dec 24 to Dec 28 OutlookEURUSD Sep 29 to Oct 03 Outlook3DP Odds Table (USDCAD) 2014-05-22Intraday Cycle Projection (USDCAD) 2017-11-07Precog Vision – Forex 2022-5-6USDJPY Sep 05 to Sep 09 Outlook3DP Odds Table (USDCAD) 2011-06-22Intraday Cycle Projection (USDCAD) 2021-08-16
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USDCAD Jul 01 to Jul 05 Outlook
Lawrence’s Comment
As expected, Loonie consolidated around Y+1. Closed the week above Y+1 and midpoint.
Outlook
Bullish setup for US dollar to further strengthen against Loonie as consolidation ended with a close above Y+1 and midpoint. That means clearing B+1 will give us a run to B+3 easily. Not a good time to go against the trend until B-1 is breached.
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