Trading Edges That Last
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Lawrence's Comment Recap Y-0 did not hold, drifted back down to Y-1. Closed the week above Y-1 and below midpoint. Outlook Not a significant sell off. Just drifted lower. No real sense ...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) 2011-10-10GBPUSD Feb 06 to Feb 10 Outlook3DP Odds Table (USDCAD) 2019-10-07Precog Vision – Forex 2015-11-25EURUSD Oct 29 to Nov 02 OutlookDow 30 Jan 06 to Jan 10 Outlook3DP Odds Table (USDCAD) 2014-11-28Precog Vision – Forex 2021-11-1Hot n Cold (USDCAD) 2012-11-20Intraday Cycle Projection (USDCAD) 2023-02-16
As Featured In
USDCAD Mar 21 to Mar 25 Outlook
Lawrence’s Comment
Upside breakout in the classic 1-2-3 setup, 200% upside expansion target (Y+3) tagged quickly and pulled back to Y+1 as support. Bounced between Y+3 and Y+1 since. Closed the week above B-0 midpoint.
Outlook
The violent up swing has broken the daily level downtrend. If the pair develops a higher low within the B-1 to B-0 zone, B+1 will be taken out in a few weeks time.
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