Trading Edges That Last
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Lawrence's Comment Recap Consolidation above Y-0 as expected. Originally looked like a breakout to the upside was in the making, until news shock hit late in the week. Got the ...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 MORELawrence's Comment Recap Short squeeze in full force. 2x Month OR target tagged and paused since. Closed the week at week high. Outlook ES closed above the 2X month OR. That opened ...READ MOREIntraday Cycle Projection (USDCAD) 2013-04-243DP Odds Table (USDCAD) 2023-01-25Precog Vision – Forex 2012-5-11Intraday Cycle Projection (USDCAD) 2015-06-17USDJPY Jun 18 to Jun 22 OutlookPrecog Vision – Forex 2020-9-23Weekly Cycle Projection (USDCAD) 2013-10-07Precog Vision – Forex 2019-9-18EURUSD Nov 12 to Nov 16 OutlookS&P 500 Jan 23 to Jan 27 Outlook
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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.
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