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 1320 upside target tagged first thing in the week. Struggling at 1320, eventually fall back down to Y+1. The test confirmed its strength and that put Y+2 ...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 MOREIntraday Cycle Projection (USDCAD) 2016-08-29Intraday Cycle Projection (USDCAD) 2022-06-27GBPUSD Sep 13 to Sep 17 OutlookUSDCAD Jun 07 to Jun 11 OutlookPrecog Vision – Forex 2014-5-27S&P 500 Feb 14 to Feb 18 OutlookIntraday Cycle Projection (USDCAD) 2022-01-14Precog Vision – Forex 2013-1-25Intraday Cycle Projection (USDCAD) 2012-05-243DP Odds Table (USDCAD) 2012-09-05
As Featured In
USDCAD Mar 10 to Mar 14 Outlook
Lawrence’s Comment
Another easy play last week. Y-0 acted as resistance giving us the Y-2 target as expected. Buying showed up, surprised the sell side and squeezed higher. Closed the week below Y-0 and above midpoint.
Outlook
As long as B-0 acting as support the potential to retest the spike high near B+2 is in play.
The 2nd reject of 1.10 points has longer term implications. This can be the start of long term weaknesses in Loonie.
Share