Trading Edges That Last
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Lawrence's Comment Recap Instead of a regular bottom, we got a flush first below Y-2. Then a mini double bottom on hourly started the short squeeze we've been looking for. ...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 Sold off from resistance zone mentioned last week. Dropped to Y-3 breakout target as volatility increases. Closed below Y-3 and at week low. Outlook Warned last week wild swings are expected ...READ MOREAUDUSD Apr 10 to Apr 14 Outlook3DP Odds Table (USDCAD) 2012-04-25AUDUSD Sep 10 to Sep 14 Outlook3DP Odds Table (USDCAD) 2013-11-18Intraday Cycle Projection (USDCAD) 2017-11-03Precog Vision – Forex 2011-5-273DP Odds Table (USDCAD) 2011-07-20GBPUSD Aug 04 to Aug 08 Outlook3DP Odds Table (USDCAD) 2014-08-293DP Odds Table (USDCAD) 2020-08-31
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USDCAD Oct 17 to Oct 21 Outlook
Lawrence’s Comment
Once Y-1 was breached, down side range expansion started. Yet the selloff was not able to land at Y-2 target. Closed the week below Y-1.
Outlook
News shock after news shock, metal currencies are now affected by this worldwide financial chaos as bad as the directly involved countries.
If US dollar failed to defend the all important 1.00 par level with Loonie, a much stronger drop is expected.
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