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
Reports from the US forex brokerages indicate that retail forex traders are quite profitable over the past few quarters. Some firms reported that they have close to 40% of their ...
USDCAD Feb 16 to Feb 20 Outlook
Lawrence’s Comment
Consolidation as expected. Trapped in equal distance around Y-0. Closed the week below Y-0 and near week low.
Outlook
Consolidation / pullback mode can last for weeks. Downside drift to B-2 is in play as long as Y-0 / B-0 is acting as resistance.
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