Recap As mentioned last week, strong support at Y-0 with more upside expected. Unfolded without surprise. Closed the week above Y+1 and midpoint.
Outlook Aussie and Lonnie are both under the influence of gold heavily these 2 months, so pay attention to what happen in gold will give you clues what will happen next with these 2 pairs.
Above B+1, the long time favourite 1.08 will be in play again. Will not counter this up trend until 4 hours giving me a sell setup.
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
Broken the 2100 support and zoomed down to Y-2 zone. Bounced off quickly back upto Y-0 area and closed the week below Y-0.
Outlook
Rally off unconfirmed rumors and news ...
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
Y-1 breached early in the week but did not act as resistance. W. spring formed with Y-1 acting as support sending euro back up to Y-0. Closed the week ...
USDCAD Dec 02 to Dec 06 Outlook
Lawrence’s Comment
As mentioned last week, strong support at Y-0 with more upside expected. Unfolded without surprise. Closed the week above Y+1 and midpoint.
Outlook
Aussie and Lonnie are both under the influence of gold heavily these 2 months, so pay attention to what happen in gold will give you clues what will happen next with these 2 pairs.
Above B+1, the long time favourite 1.08 will be in play again. Will not counter this up trend until 4 hours giving me a sell setup.
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