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Lawrence's Comment Recap Slided down further and found support at 76 round number area. Rallied by end of the week back up to Y-1 to close the week. Outlook Need B-0 downto ...READ MORELawrence's Comment Recap ES gapped above Y-0 and sparked a squeeze back up to Y+1. Y+1 resistance sent ES back down to Y-0 and below. ES attempted to fill the gap 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 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 MOREUSDJPY Feb 06 to Feb 10 OutlookIntraday Cycle Projection (USDCAD) 2018-02-23AUDUSD Aug 29 to Sep 02 Outlook3DP Odds Table (USDCAD) 2019-01-033DP Odds Table (USDCAD) 2023-03-103DP Odds Table (USDCAD) 2021-07-26S&P 500 Sep 14 to Sep 18 Outlook3DP Odds Table (USDCAD) 2021-08-17Precog Vision – Forex 2014-5-20Precog Vision – Forex 2020-6-8
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USDCAD May 13 to May 17 Outlook
Lawrence’s Comment
Went lower as expected. It was interesting that it dropped in a slow 3 pushes down pattern. Before Y-2 was tagged, the pattern zoomed the pair back up to where it started at Y-0. Closed the week above midpoint and below Y-0.
Outlook
Part of the overall US dollar strengthening as the effect of BOJ’s action has now leaked into the other pairs. As long as B-0 acting as support, retest of B+1 is likely. Looking for B+2 to be challenged as long as Y-1 can hold this pair up should it choose to push below B-0.
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