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Lawrence's Comment Recap Loonie managed to get to Y+1 by drifting slowing. It was immediately rejected. Closed the week at midpoint and above Y-0. Outlook It has weaknesses written all over. The slow up ...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 MORELawrence's Comment Recap As expected euro just cannot gather enough support to hold up. Dropped to Y-2 and jawboning from ECB only created a pop that lasted several hours. Closed the week ...READ MOREUSDCAD Sep 30 to Oct 04 OutlookIntraday Cycle Projection (USDCAD) 2022-05-12Precog Vision – Forex 2014-8-20Intraday Cycle Projection (USDCAD) 2012-05-18USDJPY Mar 06 to Mar 10 Outlook3DP Odds Table (USDCAD) 2019-09-24EURUSD Mar 22 to Mar 26 OutlookPrecog Vision – Forex 2019-6-7S&P 500 Dec 10 to Dec 14 OutlookEURUSD Dec 08 to Dec 12 Outlook
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USDCAD Apr 28 to May 02 Outlook
Lawrence’s Comment
Consolidation around previous week close. Wait and see situation due to the crisis in Ukraine has taken a turn for the worse. Gold strengthen last week played a role in keeping Loonie strong. Closed the week below Y+1 and near midpoint.
Outlook
Compression leads to breakout. B-3 and B+3 are now in play depending on the breakout direction. Odds slightly favour a sharp pullback based on chart pattern.
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