Trading Edges That Last
- You May Also LikeFor 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 MORE
Lawrence's Comment Recap Y-1 failed to hold up at all opening the door to Y-2 which was tagged near the end of the week. Once Y-2 was tagged, extreme reaction ...READ MORELawrence's Comment Recap Failed to take out Y+1, forming double top early in the week and started a selloff. Closed the week near week low. Outlook FBO to the upside on weekly. Y-2 ...READ MORELawrence'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 MOREPrecog Vision – Forex 2012-3-22USDJPY Oct 01 to Oct 05 OutlookEURUSD Mar 05 to Mar 09 OutlookIntraday Cycle Projection (USDCAD) 2021-11-10Intraday Cycle Projection (USDCAD) 2016-02-08Dow 30 Apr 29 to May 03 OutlookIntraday Cycle Projection (USDCAD) 2013-09-09Intraday Cycle Projection (USDCAD) 2018-10-03Precog Vision – Forex 2013-4-5EURUSD Feb 28 to Mar 04 Outlook
As Featured In
USDCAD Oct 10 to Oct 14 Outlook
Lawrence’s Comment
Double news shock. First one sending the pair higher but it failed to stay above Y+1. Second one dropping the pair below Y-0 yet failed to keep it below Y-0 and closed the week above Y-0 near B-0.
Outlook
The 2 rejection moves is telling us that Loonie is sitting at a zone it is comfortable in.
Consolidation around B-0 is expected until the boundary Y-1 or B+1 is violated.
Share