Trading Edges That Last
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Lawrence's Comment Recap Quick run to B+2 as expected. No resistance there at all giving us a clean move to Y+3 and finish the move by Y+4. Spike reversal from Y+4 sent ...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 MORES&P 500 Mar 05 to Mar 09 OutlookIntraday Cycle Projection (USDCAD) 2022-06-03AUDUSD May 04 to May 08 OutlookIntraday Cycle Projection (USDCAD) 2018-08-073DP Odds Table (USDCAD) 2015-09-03Precog Vision – Forex 2013-5-23Nasdaq 100 Feb 22 to Feb 26 OutlookPrecog Vision – Forex 2011-3-27Hot n Cold (USDCAD) 2011-7-22Hot n Cold (USDCAD) 2020-5-15
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USDCAD Sep 08 to Sep 12 Outlook
Lawrence’s Comment
Hit resistance mentioned last week, fall back down to near Y-1 support. Consolidated around previous week close as expected. Closed the week below Y-0 and near midpoint.
Outlook
Consolidation with close near midpoint is indecision. Y-1 was rejected decisively. This gives US dollar an advantage, pointing to retest of B+1 in play.
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