Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap As expected, trapped long from before making Euro not able to clear Y+1 and was forced back down to Y-0 for a retest. Consolidation action at 50% previous week ...READ MORELawrence's Comment Recap NQ Y+1 did not act as resistance, and rallied 50% of previous week range and paused. After the Fed + JPM shock, NQ is propelled to Y+3 ...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 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 Consolidation in 1st half of the week as expected. Spike to the upside paved way to Y+2 and then the breakout carried ninja to the target. Closed the week ...READ MOREEURUSD Mar 30 to Apr 03 OutlookIntraday Cycle Projection (USDCAD) 2023-04-12Nasdaq 100 Mar 19 to Mar 23 OutlookIntraday Cycle Projection (USDCAD) 2016-11-25Precog Vision – Forex 2013-4-4Precog Vision – Forex 2022-5-30Precog Vision – Forex 2019-10-7GBPUSD Jan 30 to Feb 03 OutlookUSDJPY Feb 04 to Feb 08 OutlookIntraday Cycle Projection (USDCAD) 2014-10-21
As Featured In
USDCAD Sep 03 to Sep 07 Outlook
Lawrence’s Comment
Inside week. Y-1 tested and bounced off. Rallied to almost Y+1 and stalled. Closed the week near Y-1.
Outlook
End of week selloff was driven by news. US dollar is sitting at a critical price point across all majors. If it gives in, there is no real support against Loonie until the 0.96 level.
To break the down trend, we need to see B+1 taken out first.
Share