Trading Edges That Last
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Lawrence's Comment Recap Sudden intraday swings all week. 100% range capped all the moves. Closed the week belowY-0 and above midpoint. Outlook Brexit week means wait and see until it is over. ...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 MOREAUDUSD Mar 04 to Mar 08 OutlookGBPUSD Jun 21 to Jun 25 OutlookPrecog Vision – Forex 2015-6-83DP Odds Table (USDCAD) 2015-06-22EURUSD Jun 20 to Jun 24 OutlookHot n Cold (USDCAD) 2011-9-22Intraday Cycle Projection (USDCAD) 2013-06-06Weekly Cycle Projection (USDCAD) 2013-09-16Precog Vision – Forex 2021-1-11Precog Vision – Forex 2016-12-26
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USDCAD Sep 19 to Sep 23 Outlook
Lawrence’s Comment
Y-0 acted as support on first test but failed to hold up loonie afterwards, that opened the door to tag Y-1 and Y-2. Closed the week near Y-2.
Outlook
The strong reversal of loonie is a direct result of the news shocks from ECB and Fed.
As Fed scheduled special 2-day meeting this week and that ECB has been actively messing around with the FX markets using news shocks and such. It is a good idea to stay away from pairs like Loonie that are most likely to be impacted by their actions.
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