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Lawrence's Comment Recap Aussie consolidated in tight range. First drift up was met with sellers right above Y-0. stuck in tight range since. Closed the week below Y-0 and near midpoint. Outlook Inside 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 MORELawrence's Comment Recap Very nice rally off the support zone mentioned last week. Rally until 100% absolute range expansion completed. Y+2 rejected leading to a drop back down to Y+1. Closed the ...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 MORENasdaq 100 Sep 17 to Sep 21 Outlook3DP Odds Table (USDCAD) 2020-05-04AUDUSD Feb 03 to Feb 07 OutlookEURUSD Oct 25 to Oct 29 OutlookPrecog Vision – Forex 2019-10-73DP Odds Table (USDCAD) 2021-03-223DP Odds Table (USDCAD) 2016-10-17Nasdaq 100 Jul 28 to Aug 01 Outlook3DP Odds Table (USDCAD) 2023-05-02Precog Vision – Forex 2022-3-9
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USDCAD Jul 28 to Aug 01 Outlook
Lawrence’s Comment
Y-1 support consolidation created a breakout play. Breaking above led to a surge to measured move target above Y+1. Closed the week above Y+1 and near week high.
Outlook
2nd push higher with strong resistance above at B+1 / Y+2. Clearing Y+2 quickly will lead to a quick run to B+3.
Consolidation below resistance more likely.
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