Trading Edges That Last
- You May Also LikeFor 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 MOREThis time it is South Korea's Bank of Korea who cuts its interest rate. As mentioned last time, once Japan started QE, it would reverse the effects of US ...READ MOREPrecog Vision – Forex 2014-10-83DP Odds Table (USDCAD) 2013-09-13Precog Vision – Forex 2021-6-24EURUSD Jul 05 to Jul 09 OutlookCurrency War Continues With South Korea This RoundDow 30 Aug 20 to Aug 24 Outlook3DP Odds Table (USDCAD) 2013-05-21AUDUSD Mar 28 to Apr 01 OutlookWeekly Cycle Projection (USDCAD) 2022-12-193DP Odds Table (USDCAD) 2020-05-11
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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