Trading Edges That Last
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Lawrence's Comment Recap As expected, a rally above Y-0 led to tagging of Y+1. That, however, failed to hold above Y-0 as support for any further upside. Closed the week below ...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 MORE3DP Odds Table (USDCAD) 2016-01-143DP Odds Table (USDCAD) 2019-10-07Precog Vision – Forex 2023-3-31USDJPY May 01 to May 05 OutlookNasdaq 100 Jun 27 to Jul 01 Outlook3DP Odds Table (USDCAD) 2019-07-19Intraday Cycle Projection (USDCAD) 2016-01-28GBPUSD Jul 31 to Aug 04 OutlookPrecog Vision – Forex 2015-2-13Hot n Cold (USDCAD) 2012-8-23
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USDCAD Mar 11 to Mar 15 Outlook
Lawrence’s Comment
Tight range consolidation near Y-0 first half of the week. Then the whiplash mentioned last week came. First a push towards Y+1 and failed. Then collapsed at the end of the week to near Y-1 and quickly bounced back up. Closed the week near midpoint and Y-0.
Outlook
Inside week. Y-0 near B-0. Signs of equilibrium. A strong breakout is in the making. Due to the fact that the tight range came from an up swing, breakout upside has better chance to succeed.
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