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Lawrence's Comment Recap As expected, Y-0 resistance with a test of Y-1 after flat line action in the beginning of the week. Closed the week near Y-1 and week low. Outlook Weekly ...READ MORELawrence's Comment Recap Pullback / consolidation all week. Not dropping quite down to support as 50% previous week range capped the move. Closed the week below Y+1 and midpoint. Outlook As long as Y+1 ...READ MORELawrence's Comment Recap Ninja popped higher with upside target tagged as expected. Resistance at Y+3 keeping the range in check. Closed the week near Y+2 and above midpoint. Outlook Strong resistance at ...READ MORELawrence's Comment Recap Breakout play worked out nicely with 100% absolute range expansion target tagged. Drifted sideway since. Closed the week near Y-2 and below midpoint. Outlook Bear flag on 4 hours ...READ MOREUSDJPY Jun 22 to Jun 26 OutlookWeekly Cycle Projection (USDCAD) 2020-12-28GBPUSD Dec 09 to Dec 13 OutlookAUDUSD Jun 12 to Jun 16 Outlook3DP Odds Table (USDCAD) 2022-04-213DP Odds Table (USDCAD) 2012-04-30Intraday Cycle Projection (USDCAD) 2018-01-30USDJPY May 16 to May 20 OutlookIntraday Cycle Projection (USDCAD) 2018-01-31USDCAD Apr 18 to Apr 22 Outlook
As Featured In
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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