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Lawrence's Comment Recap The outside week setup did not produce a direction for us. Instead, Aussie pushed all the way back up and consolidated within Y-1 to Y+1. Y-0 did not act ...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 Y+1 acted as resistance sending Dow back down to the open gap below. Once tagged, Dow bounced back quickly and held the 18000 round number. News shock sent Dow ...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 MOREAUDUSD Jul 22 to Jul 26 OutlookPrecog Vision – Forex 2021-3-23DP Odds Table (USDCAD) 2022-02-25Dow 30 May 18 to May 22 OutlookPrecog Vision – Forex 2019-10-73DP Odds Table (USDCAD) 2017-04-12Precog Vision – Forex 2014-6-263DP Odds Table (USDCAD) 2023-05-02Intraday Cycle Projection (USDCAD) 2019-07-02Intraday Cycle Projection (USDCAD) 2020-10-12
As Featured In
USDCAD Sep 02 to Sep 06 Outlook
Lawrence’s Comment
As expected, Loonie consolidated within the tight range mentioned last week. By end of week, after support was found, this pair drifted back up to near Y+1 before stalling. Closed the week above midpoint and Y-0.
Outlook
Inside week holding above Y-0 is bullish. A breakout above Y+1 points to range expansion to Y+2 or above B+3.
Should we see a FBO against B+1 / Y+1 with confirmation at B-0, a selloff back downto B-3 is likely.
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