Trading Edges That Last
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Lawrence's Comment Recap Consolidated around Y+1 and then breakout upside failed. That gave us the Y-0 retest. Y-0 tagged eventually. Closed the week above Y-0 and below midpoint. Outlook Still bullish on daily but ...READ MORELawrence's Comment Recap More downside as expected. Intervention by ECB resulted in a squeeze that closed the week at midpoint. Outlook Money is leaving EU and no long term investors want to ...READ MORELawrence's Comment Recap As expected yen is too weak for any upside push. Closed the week at midpoint. Outlook No direction. Bias towards another test of low from August since upside is rejected ...READ MOREPrecog Vision – Forex 2018-7-193DP Odds Table (USDCAD) 2016-05-25S&P 500 Dec 18 to Dec 22 OutlookUSDJPY Oct 21 to Oct 25 OutlookGBPUSD Feb 20 to Feb 24 OutlookS&P 500 Mar 19 to Mar 23 OutlookAUDUSD Oct 24 to Oct 28 Outlook3DP Odds Table (USDCAD) 2012-08-24USDJPY Feb 21 to Feb 25 OutlookUSDJPY Sep 05 to Sep 09 Outlook
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USDCAD Jun 09 to Jun 13 Outlook
Lawrence’s Comment
Gave us a beautiful reversal right off the start of the week with Y+2 target tagged with no heat. Y+1 support since. Ran straight up to Y+3 target before pullback. Closed the week above Y+2 and midpoint.
Outlook
Wide range reversal in place. As long as Y+1 / B-0 acting as support, more upside likely for coming weeks.
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