Trading Edges That Last
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Lawrence's Comment Recap As expected, a bounce to Y-0 could not be avoided and that it would not stop the bounce also materialized. The interesting thing is that it was done through ...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 MOREUSDJPY Apr 08 to Apr 12 OutlookIntraday Cycle Projection (USDCAD) 2017-05-23USDCAD Mar 18 to Mar 22 OutlookPrecog Vision – Forex 2017-9-21Dow 30 Apr 29 to May 03 OutlookPrecog Vision – Forex 2017-2-273DP Odds Table (USDCAD) 2022-12-05Intraday Cycle Projection (USDCAD) 2012-05-25USDCAD Jun 13 to Jun 17 OutlookPrecog Vision – Forex 2012-10-29
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USDCAD Sep 29 to Oct 03 Outlook
Lawrence’s Comment
Gold trashed so our bullish scenario played out. Got Y+1 in 1 go. End of week final squeeze pushed price even higher after 100% absolute range was reached. Closed the week above Y+1 and near week high.
Outlook
Breakout play not completed yet. 1.12 is the well-known parking spot for Loonie when it is weak. As long as Y+1 acting as support we should see that before Loonie will make a decision. 1.12 resistance points to steep pullback to B-0.
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