Trading Edges That Last
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Lawrence's Comment Recap Pullback to our support zone then rally to the resistance area as mentioned last week. By end of the week, broken thru the resistance and completed 100% ...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 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 MOREIntraday Cycle Projection (USDCAD) 2012-07-13Intraday Cycle Projection (USDCAD) 2015-01-05Intraday Cycle Projection (USDCAD) 2021-01-28AUDUSD Feb 06 to Feb 10 OutlookPrecog Vision – Forex 2017-2-13Intraday Cycle Projection (USDCAD) 2018-10-26Precog Vision – Forex 2020-9-243DP Odds Table (USDCAD) 2017-02-22Precog Vision – Forex 2019-10-7Intraday Cycle Projection (USDCAD) 2011-12-19
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USDCAD Nov 18 to Nov 22 Outlook
Lawrence’s Comment
The expected retest of Y-0 gave us a zoom up to above Y+1. But the new high was rejected at once. Another move towards Y-0 was resulted. Closed the week below Y-0 and at week low.
Outlook
FBO against Y+1 points to retest of Y-1. As long as B-0 acting as resistance, Y-1 retest likely.
The price action in both Aussie and Loonie are heavily related to gold price which showed early signs of a potential longer term bottom. If gold fails to hold up, it will take both metal currencies down quickly.
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