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
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
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
Consolidation week with Y+1 and Y-1 being challenged multiple times. FOMC announcement did not produce enough fuel for ES to breakout of its range. Closed the week near Y+1 ...
USDCAD Dec 23 to Dec 27 Outlook
Lawrence’s Comment
Quiet start like other pairs until FOMC news shock. Y+2 usual upside target blocked the upswing. Closed the week above Y-0 and below midpoint.
Outlook
Loonie rejected the upside decisively.As long as B-0 / Y+1 acting as resistance another try at B-1 is likely.
Share