Trading Edges That Last
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Lawrence's Comment Recap Further compression happened. Price broken down to Y-2 resulted in a strong bounce from Y-2 twice. However, closed the week at midpoint below Y-1. Outlook Clearly intervention at this 76 ...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 2018-2-14USDJPY Sep 26 to Sep 30 OutlookS&P 500 Feb 25 to Mar 01 OutlookIntraday Cycle Projection (USDCAD) 2016-10-07AUDUSD Oct 25 to Oct 29 OutlookPrecog Vision – Forex 2019-1-18Intraday Cycle Projection (USDCAD) 2015-02-13S&P 500 Jul 29 to Aug 02 OutlookAUDUSD Sep 28 to Oct 02 OutlookHot n Cold (USDCAD) 2016-3-4
As Featured In
USDCAD May 09 to May 13 Outlook
Lawrence’s Comment
Falling wedge completed with FBO against Y-1 gave us reversal back up to Y+3. Closed the week above Y+2 and near week high.
Outlook
This reversal is expected and just a matter of time for the weekly pullback to complete. Strong support at B-0 with retest of year high in play.
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