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Lawrence's Comment Recap Upside breakout right from the start. Failing to hold above Y+1 gave us FBO play for Y-1 and below. Y-1 resistance by end of week gave us a flush ...READ MORELawrence's Comment Recap A perfect consolidation week. Drifted up to resistance mentioned last week and then dropped down to support. Can't ask for more. Closed the week below Y-0 and midpoint. Outlook Inside week. ...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 MORE3DP Odds Table (USDCAD) 2014-09-17USDJPY Jun 06 to Jun 10 Outlook3DP Odds Table (USDCAD) 2014-02-12USDJPY Apr 02 to Apr 06 OutlookAUDUSD Aug 20 to Aug 24 OutlookGBPUSD Feb 03 to Feb 07 OutlookHot n Cold (USDCAD) 2012-9-27Precog Vision – Forex 2013-9-5USDJPY Aug 24 to Aug 28 Outlook3DP Odds Table (USDCAD) 2011-04-01
As Featured In
USDCAD Sep 24 to Sep 28 Outlook
Lawrence’s Comment
Y-0 acted as support and then pushed this pair higher. Y+1 breached and then immediately snapped back down. Closed the week above Y-0 and B-0.
Outlook
The magiv 0.96 area indeed led to the first strong bounce since collapse below 0.99. Potential bottom building process here.
As long as B-1 / Y-0 holds, there is a good chance to retest B+1.
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