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Lawrence's Comment Recap Weak start with gap down. Sold off yet the gap below was not even challenged. Drifted up through multiple gap up days. Closed the week above Y+1 and near ...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 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 MORES&P 500 Jan 14 to Jan 18 OutlookAUDUSD Jun 28 to Jul 02 OutlookPrecog Vision – Forex 2014-6-17Intraday Cycle Projection (USDCAD) 2017-12-19Precog Vision – Forex 2020-11-11EURUSD Aug 22 to Aug 26 Outlook3DP Odds Table (USDCAD) 2023-01-193DP Odds Table (USDCAD) 2015-09-09Precog Vision – Forex 2019-10-7Nasdaq 100 Sep 13 to Sep 17 Outlook
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USDCAD Oct 28 to Nov 01 Outlook
Lawrence’s Comment
Expected to see lower price and we got that. It turned into a FBO against Y-1 which triggered the Y+1 target. Y+1 only offered a pause. Closed the week at Y+2 and near week high.
Outlook
I thought Loonie would slow down its pace at the previous consolidation zone. I did not expect the strong reaction at the support. That confirmed higher timeframes continue to support strong US dollar against Loonie.
This week, as long as Y+1 acting as support, more upside should not be a problem. 1.08 was the last important magnet up there. Give them an excuse, that will be the next upside target.
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