Trading Edges That Last
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Lawrence's Comment Recap As indicated last week the end of week rally from the week before was not a sign of reversal. That trapped a lot of longs. ES gapped higher at ...READ MORERecap of last week Flush to target red zone 1.31 right off the start of the week. Then a reversal started mid week that retested the original target zone ...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 Continuation sell down to Y-2 yet failed to produce a bounce. Breaking below Y-2 gave us Y-3. Closed the weekbelow Y-2 and midpoint. Outlook Stop hunting move once Y-2 ...READ MORES&P 500 Oct 13 to Oct 17 OutlookGBPUSD Dec 05 to Dec 09 OutlookEURUSD Week of Dec 6th to Dec 10thPrecog Vision – Forex 2016-12-30Intraday Cycle Projection (USDCAD) 2022-10-27Precog Vision – Forex 2015-12-24USDJPY Feb 15 to Feb 19 OutlookIntraday Cycle Projection (USDCAD) 2022-11-16Hot n Cold (USDCAD) 2015-6-5Hot n Cold (USDCAD) 2019-8-16
As Featured In
USDCAD Mar 04 to Mar 08 Outlook
Lawrence’s Comment
The weaknesses in gold enabled US dollar gaining strength suddenly. After first part of the week spent in consolidation and potential top forming, the collapse in gold triggered a short squeeze in the pair. Closed the week above Y+1 and below midpoint.
Outlook
Just like Aussie, gold is going to dictate the move in this pair too. If gold really breaks down, it can push this up to 1.08 easily.
Whiplash potential. Meaning that both B-2 and B+2 could be tagged this week.
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