Trading Edges That Last
- You May Also LikeLast Friday Moody downgraded Cable after US stock market closed which led to a melt down within minutes. Making the situation worse, it was the last hour of the week ...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 MORE3DP Odds Table (USDCAD) 2020-10-12Weekly Cycle Projection (USDCAD) 2011-11-21WTF With Moody and The Problem With ForexPrecog Vision – Forex 2011-11-28Weekly Cycle Projection (USDCAD) 2017-08-21S&P 500 Aug 27 to Aug 31 OutlookWeekly Cycle Projection (USDCAD) 2022-10-313DP Odds Table (USDCAD) 2019-10-07Precog Vision – Forex 2011-6-30Intraday Cycle Projection (USDCAD) 2016-02-15
As Featured In
USDCAD Jul 11 to Jul 15 Outlook
Lawrence’s Comment
The attempted rally from the beginning of the week met with resistance from the week low zone prior to last week. Yet the selloff failed to break below Y-1 to get to our downside target. Closed the week above Y-1 but below midpoint.
Outlook
First half of last week is a form of bear flag pointing to continuation selloff. As long as B-0 upto B+1 acts as resistance, the next likely zone is B-2.
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