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Lawrence's Comment Recap Was expecting consolidation actions and cable did in the first half of the week. Then everything changed as the test of Y+1 did not produce a quick drop and ...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 Rallied a bit more to the upside and fulfilled the upside target as mentioned last week. News shock later in the week sent cable back down to ...READ MOREI have introduced the concept of Point of No Return some time ago here. It is not a complex concept but many traders find it difficult to apply the concept ...READ MOREHot n Cold (USDCAD) 2017-4-21Intraday Cycle Projection (USDCAD) 2022-06-29GBPUSD Apr 27 to May 01 OutlookPrecog Vision – Forex 2017-3-21Intraday Cycle Projection (USDCAD) 2016-01-11GBPUSD Jun 25 to Jun 29 Outlook3DP Odds Table (USDCAD) 2012-07-26Hot n Cold (USDCAD) 2014-11-28Hot n Cold (USDCAD) 2012-5-9How to Compute the Point of No Return
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USDCAD Nov 02 to Nov 06 Outlook
Lawrence’s Comment
3rd push higher above Y+1 failed to clear monthly resistance. Y+1 turning into resistance since sending this back down to Y-0. Closed the week near Y-0 and week low.
Outlook
The fight to clear monthly resistance and break weekly level support continues. B-2 / Y-1 strong support until proven otherwise.
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