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Lawrence's Comment Recap A flush to Y-2 resulted in a quick bounce back above Y-1. That puts Y+1 in play. As mentioned last week, we are looking for a run ...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 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 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-0 to Y+1 zone formed a bottom as expected. However, difficulties to move higher happened after trading above Y+1. That did not stop NQ from rallying towards its ...READ MOREAUDUSD Apr 30 to May 04 OutlookWeekly Cycle Projection (USDCAD) 2015-07-27Intraday Cycle Projection (USDCAD) 2016-09-26Intraday Cycle Projection (USDCAD) 2011-08-04Precog Vision – Forex 2016-1-13Precog Vision – Forex 2016-1-18Precog Vision – Forex 2017-11-303DP Odds Table (USDCAD) 2012-02-24Nasdaq 100 Apr 04 to Apr 08 OutlookWeekly Cycle Projection (USDCAD) 2023-03-06
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USDCAD Jul 04 to Jul 08 Outlook
Lawrence’s Comment
As oppose to holding above Y-0. Canadian dollar moved with its other metal currency pairs gaining strength over USD.
The failure to hold above Y-0 points to the target of Y-2 in play according to STOPD and it played out as expected.
Outlook
Since loonie is moving with its metal complex, it means it is a pure gold/oil play reflected in these currencies. Focus on gold for the direction of loonie in this week.
The first likely bottom is Y-3 early in the week.
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