Trading Edges That Last
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Lawrence's Comment Recap Y-1 and below proven strong support led to strong rally back up to the crime scene before the break down from the week before last. Since then Aussie stalled. ...READ MORELawrence's Comment Recap Drifting around Y-0 as predicted last week. Once the G7 intervention started, breakout above Y+1 and tagged Y+2 tagged. Close at the high of the week. Outlook If pullback to ...READ MOREHot n Cold (USDCAD) 2011-8-18EURUSD Mar 08 to Mar 12 OutlookGBPUSD Aug 10 to Aug 14 Outlook3DP Odds Table (USDCAD) 2013-12-233DP Odds Table (USDCAD) 2016-02-08Weekly Cycle Projection (USDCAD) 2017-06-12AUDUSD May 11 to May 15 OutlookIntraday Cycle Projection (USDCAD) 2020-08-21USDCAD Jan 07 to Jan 11 OutlookEURUSD Mar 21 to Mar 25 Outlook
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USDCAD Mar 24 to Mar 28 Outlook
Lawrence’s Comment
Easy play of the week. As expected, upside breakout with normal Y+3 target tagged. Stalled from there since. Closed the week above Y+2 and midpoint.
Outlook
Gold did not end well last week which put some pressure on this pair. The strength in USD is likely to persist this week hence support at B-0 points to at least a retest of B+1.
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