Recap Another winner here. Cleared Y-0 and FBO against Y-1 gave us the fuel to go back up. Cleared Y+1 and almost got Y+2. Closed the week above Y+1 and near week high.
Outlook More upside expected. B+2 in play as long as the pair can hold above B-0 and Y-0.
Lawrence's Comment
Recap
US dollar crushed Loonie last week. Instead of pulling back to Y-2 to Y-3 first for a proper bottom, Y-0 acted as support and forced a powerful squeeze to ...
For 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 schedule
Lawrence's Comment
Recap
ES broken out of the thin up channel but it did not result in a pullback. The week turned into consolidation. Closed the week above Y+1 and midpoint.
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For 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 schedule
Lawrence's Comment
Recap
Sold off straight down to Y-2 target opened the door to Y-3. Stair step action going down until 100% absolute range was reached. Closed the week below Y-2 and ...
Lawrence's Comment
Recap
Sold off in similar fashion like Nasdaq 100 but much more controlled. The scale of attempting to rally back to week midpoint is also stronger than Nasdaq.
Outlook
A ...
USDCAD Aug 05 to Aug 09 Outlook
Lawrence’s Comment
Another winner here. Cleared Y-0 and FBO against Y-1 gave us the fuel to go back up. Cleared Y+1 and almost got Y+2. Closed the week above Y+1 and near week high.
Outlook
More upside expected. B+2 in play as long as the pair can hold above B-0 and Y-0.
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