Trading Edges That Last
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Lawrence's Comment Recap Breakout to the down side. Tagged B-1 downside target. Not quite pullback. More like price shock due to the way gold moved last week. Closed the week near week ...READ MORELawrence's Comment Recap Broken the 2100 support and zoomed down to Y-2 zone. Bounced off quickly back upto Y-0 area and closed the week below Y-0. Outlook Rally off unconfirmed rumors and news ...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 MORE3DP Odds Table (USDCAD) 2018-10-01Nasdaq 100 Dec 03 to Dec 07 Outlook3DP Odds Table (USDCAD) 2016-09-21Nasdaq 100 Jan 16 to Jan 20 Outlook3DP Odds Table (USDCAD) 2018-08-203DP Odds Table (USDCAD) 2015-07-17Precog Vision – Forex 2011-10-19USDCAD Mar 18 to Mar 22 OutlookNasdaq 100 Oct 10 to Oct 14 OutlookPrecog Vision – Forex 2013-10-31
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USDCAD Nov 21 to Nov 25 Outlook
Lawrence’s Comment
Trapped within Y-1 to Y+1 as expected. Nothing much can be done while loonie is stuck in a tight range. Closed the week at Y+1.
Outlook
Loonie looks like it wanted to break out above Y+1 but it stucks there. If it slides a tad more to the down side, it will drop quickly back down to Y-1. That is the nature of congestion.
Wait for clean breakout from this week’s range for a good run.
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