Trading Edges That Last
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Lawrence's Comment Recap As expected, multiple attempts to push higher happened last week yet no breakout was resulted. Closed the week above Y-0 and below midpoint. Outlook Tight range week with close ...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 MOREContent Review Euro Bounced from Support S&P Normal Pullback In Progress Gold in Neutral State ...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 MOREDow 30 Nov 22 to Nov 26 OutlookPrecog Vision – Forex 2023-2-203DP Odds Table (USDCAD) 2020-09-30Hot n Cold (USDCAD) 2013-3-29USDCAD Jun 08 to Jun 12 OutlookPrecog Vision – Forex 2011-12-213DP Odds Table (USDCAD) 2015-06-16MBO Issue 59 (Nov 2016) The People WhoPrecog Vision – Forex 2019-10-7Intraday Cycle Projection (USDCAD) 2017-12-21
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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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