Trading Edges That Last
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Lawrence's Comment Recap Euro moved back down to target mentioned last week. Bounced from there but failed to clear 1.13 / Y-0. Closed the week near Y-1 and below midpoint. Outlook Y-1 ...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 MORELawrence's Comment Recap The weakest among the 3 indices. Took NQ 3 tries to go lower before it finally rejected the gap below and started its zoom up. Even the zoom up ...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 sent cable back up to Y-0. Y-0 resistance dropped cable down to 1.49 round number. 1-2-3 buy on 4 hour sent it back up to Y-1 and ...READ MORELawrence's Comment Recap Pusher higher in the beginning of the week to fill the gap above but failed. News hit the wire before it was done. Euro collapsed back down to Y-2 ...READ MOREEURUSD Sep 28 to Oct 02 Outlook3DP Odds Table (USDCAD) 2016-09-02Precog Vision – Forex 2015-3-27Precog Vision – Forex 2020-11-23Intraday Cycle Projection (USDCAD) 2021-06-11Nasdaq 100 May 13 to May 17 OutlookPrecog Vision – Forex 2013-3-1GBPUSD Dec 07 to Dec 11 OutlookIntraday Cycle Projection (USDCAD) 2017-09-12EURUSD Apr 01 to Apr 05 Outlook
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USDCAD Jul 08 to Jul 12 Outlook
Lawrence’s Comment
Consolidated around Y+1 until late in the week where it zoomed to new high for the week. Closed the week above Y+1 and midpoint.
Outlook
If it is going to breakout to the upside, it better happen now this week. The upside target is at least 1.08.
If Loonie drifts around this zone in tight range again, it can turn into breakout failure meaning a significant pullback to B-3 is possible.
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