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 No bounce from Y-1. Re-entered the down channel and collapsed to Y-5 before the pair can find any support at all. Outlook Down channel re-enforced itself on the pair again ...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 2013-4-25Intraday Cycle Projection (USDCAD) 2022-11-15Intraday Cycle Projection (USDCAD) 2014-11-18Intraday Cycle Projection (USDCAD) 2013-01-10GBPUSD Sep 26 to Sep 30 OutlookPrecog Vision – Forex 2019-10-7Hot n Cold (USDCAD) 2011-11-303DP Odds Table (USDCAD) 2018-11-02AUDUSD Jun 10 to Jun 14 OutlookIntraday Cycle Projection (USDCAD) 2018-01-19
As Featured In
USDCAD Jan 16 to Jan 20 Outlook
Lawrence’s Comment
Pulled back to Y-0 early in the week and started climbing back up. Closed the week below Y+1.
Outlook
Clearly the weekly price levels are not honoured last week. That points to market forces from higher timeframe is in control.
Retest of B+1 in play. Reaction at that price level will determine if this pair is entering a congestion phase.
Share