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Lawrence's Comment Recap Rushed higher to Y+2 by a gap. Then failed to push higher. Filled the gap from the beginning of the week and struggled to hold Monday low since. By ...READ MORELawrence's Comment Recap NQ cleared Y+1 by gapping above it right off the start of the week. That forced all shorts to cover and the Y+3 target for surprise move was tagged. ...READ MORELawrence's Comment Recap Consolidation week at 50% range. 1780 magic #. Due to overnight news shock all week, we observed surprise breakout plays almost everyday last week. Yet, S&P was still bounded ...READ MORELawrence's Comment Recap Break of Y-1 happened, and we got Y-2 as stated last week. Thereafter, Dow was trapped between Y-2 and Y-1 til the end of the week. Outlook Euro zone ...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 MOREDow 30 Apr 08 to Apr 12 OutlookAUDUSD May 07 to May 11 OutlookNasdaq 100 Feb 22 to Feb 26 OutlookS&P 500 Feb 03 to Feb 07 OutlookDow 30 Dec 19 to Dec 23 OutlookIntraday Cycle Projection (USDCAD) 2013-01-16Precog Vision – Forex 2019-10-7Intraday Cycle Projection (USDCAD) 2013-05-09Precog Vision – Forex 2018-12-6Intraday Cycle Projection (USDCAD) 2023-01-06
As Featured In
USDCAD Sep 05 to Sep 09 Outlook
Lawrence’s Comment
Y+1 / previous week close acted as support and sent this higher until 100% absolute range expansion. Reaction to Y+2 dropped this back down to below Y-1.
Outlook
Daily level support starts at 1.295 with Y-2 stronger support on daily. If higher low is formed on weekly, there is a good chance of another rally on weekly basis going back up to year high.
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