Trading Edges That Last
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Lawrence's Comment Recap As expected Cable going higher. Stalled at 100% absolute range expansion. Closed the week from a pullback to Y+1. Outlook Rejected Y+1 to B+1 area pointing to further consolidation with ...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 MORELawrence's Comment Recap Ninja rejected Y+1 decisively giving us Y-0 quickly. Since then previous week close also turned into resistance giving us a go for Y-1. Y-1 tagged later in the week. ...READ MORELawrence's Comment Recap Wedged downward in the beginning of the week hinted a short term bounce was in play. Bounced back up until 50% range reached. Stalled from there and ...READ MOREPrecog Vision – Forex 2018-12-11GBPUSD Aug 22 to Aug 26 OutlookPrecog Vision – Forex 2012-3-303DP Odds Table (USDCAD) 2016-03-08Hot n Cold (USDCAD) 2015-6-53DP Odds Table (USDCAD) 2018-07-06USDJPY Apr 20 to Apr 24 OutlookHot n Cold (USDCAD) 2019-10-4Intraday Cycle Projection (USDCAD) 2013-01-25USDJPY Jan 09 to Jan 13 Outlook
As Featured In
USDCAD Sep 23 to Sep 27 Outlook
Lawrence’s Comment
Just like Aussie, Loonie consolidated around Y-1 until Fed announcement. Then Loonie jumped with gold. After Y-3 was tagged strong reaction was resulted. Closed the week at Y-1 and above midpoint.
Outlook
Annoying situation like Aussie where the end of week bounce was not strong enough to be called a reversal. Need to clear B+1 before we get a confirmed low in place. Rejected in the Y-1 to B+1 zone will send this back down to at least B-0.
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