Trading Edges That Last
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Lawrence's Comment Recap The rare scenario unfolded. Gapped to Y+2 indeed. And stuck there since. Outlook Breakout mode. Breaking below previous week low points to gap fill target at previous year close. Breaking ...READ MORELawrence's Comment Recap Euro could not hold up and retested Y-1. Then well timed news shock were released to punish the sellers. FBO against Y-1 that cleared Y-0 in 1 go gave ...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 MOREPrecog Vision – Forex 2012-4-9Intraday Cycle Projection (USDCAD) 2016-02-03USDCAD Nov 28 to Dec 02 Outlook3DP Odds Table (USDCAD) 2014-09-11Intraday Cycle Projection (USDCAD) 2014-03-11S&P 500 Jan 09 to Jan 13 OutlookEURUSD Apr 08 to Apr 12 OutlookIntraday Cycle Projection (USDCAD) 2015-08-25Precog Vision – Forex 2014-4-16S&P 500 Nov 22 to Nov 26 Outlook
As Featured In
USDCAD Mar 30 to Apr 03 Outlook
Lawrence’s Comment
Consolidation with 50% previous week range as expected. Pushed lower to retest Y-1 and failed to stay below. Bounced back up to take on Y-0. Closed the week below Y-1 and near week high.
Outlook
B-0 support will enable the weekly up trend to resume. Until then, more consolidation action to absorb the recent strong up move on weekly.
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