Trading Edges That Last
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Lawrence's Comment Recap Pushed above Y+1 following the up channel play but failed to hold above Y+1. That set the stage for a test of Y-0. Broken the channel to the downside ...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 MORELawrence's Comment Recap Congestion between B-1 to B+1 most of the week. Then total collapse once the week low is taken out the last moment of the week. Obvious stop ...READ MORELawrence's Comment Recap No strength to push above Y+1, lower prints happened. Pretty much as expected. The more interesting part is that gold has broken its daily down trend by the end ...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 MORELawrence's Comment Recap Tight range actions around Y-1 at 50% range. Consolidation during quiet last week of the year. Closed the week below Y-1 and midpoint. Outlook Wait and see time for ...READ MOREUSDCAD Jun 03 to Jun 07 OutlookWeekly Cycle Projection (USDCAD) 2014-07-14AUDUSD Dec 27 to Dec 31 OutlookPrecog Vision – Forex 2017-7-24USDCAD Dec 31 to Jan 04 OutlookUSDJPY Jan 02 to Jan 06 OutlookAUDUSD Dec 09 to Dec 13 OutlookPrecog Vision – Forex 2017-3-203DP Odds Table (USDCAD) 2017-07-17USDJPY Jan 04 to Jan 08 Outlook
As Featured In
USDCAD May 11 to May 15 Outlook
Lawrence’s Comment
Y-0 did not act as support at all on first test. This opened the door to Y-1 and the test of Y-1 led to a strong bounce. Closed the week near Y-0 and midpoint.
Outlook
Closing near midpoints means indecision. Y-1 / B-1 confirmed strong support, until proven otherwise, as long as B-0 down to B-1 acting as support, a test of B+1 and B+2 will be in play.
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