Trading Edges That Last
- You May Also LikeFor 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 MORE
Recap of last week First move was a gap up followed by breaking below the yellow zone with minimal retest (just one 4 hour bar). This is one 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 MORELawrence's Comment Recap The breakdown in cable is not a surprise for chart traders given the way it was suppressed at Y-0 / 1.56 area. Breakout target of Y-3 was almost tagged ...READ MOREIntraday Cycle Projection (USDCAD) 2016-08-03Precog Vision – Forex 2019-7-30EURUSD Week of Nov 29th to Dec 3rdNasdaq 100 Jun 24 to Jun 28 OutlookIntraday Cycle Projection (USDCAD) 2015-08-28Precog Vision – Forex 2015-8-20Intraday Cycle Projection (USDCAD) 2022-04-15GBPUSD Jan 05 to Jan 09 Outlook3DP Odds Table (USDCAD) 2011-11-213DP Odds Table (USDCAD) 2022-06-15
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USDCAD Jun 02 to Jun 06 Outlook
Lawrence’s Comment
Resistance zone mentioned last week capped the upside. Downside target tagged late in the week and bounced. Closed the week below Y-1 and midpoint.
Outlook
Confirmed weaknesses means a strong breakout above B-0 and that it turns into support is necessary for USD to gain strength against Loonie. Upside target from the setup points to at least B+2.
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