Trading Edges That Last
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Lawrence's Comment Recap Brexit effect controlling cable all week. FBO Y-1 in the beginning of the week sent cable back up to Y+1. Bull flag on 4 hours pullback to 1.44 round ...READ MORELawrence's Comment Recap Y-0 acted as support early in the week started a strong 1-2-3 buy with Y+3 target. That in turn started a reverse waterfall effect on daily squeezing the shorts ...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 Complex swings in the beginning of the week where the bulls tried to defend the Y-0 / Y-1 zone to form a bottom. Took a FBO against Y-1 to ...READ MOREPrecog Vision – Forex 2018-1-18Intraday Cycle Projection (USDCAD) 2018-06-27GBPUSD May 23 to May 27 OutlookWeekly Cycle Projection (USDCAD) 2014-11-17EURUSD Jun 08 to Jun 12 OutlookPrecog Vision – Forex 2012-11-193DP Odds Table (USDCAD) 2020-05-25Nasdaq 100 Jun 24 to Jun 28 OutlookDow 30 Jun 08 to Jun 12 OutlookIntraday Cycle Projection (USDCAD) 2015-08-27
As Featured In
USDCAD Jul 27 to Jul 31 Outlook
Lawrence’s Comment
Consolidation around previous week close / Y+1 as expected. 50% range. Closed the week above Y+1 and midpoint.
Outlook
Consolidation around Y+1 is bullish. Up channel like behaviour at multiple year high implies bulls are in control. Until the up trend line support from the past several weeks is broken, the up drift can continue until more stops above are discovered.
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