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-0 never challenged. Cable simply consolidating around Y+1 within 50% absolute range. Closed the week below Y+1 and midpoint.
Outlook
The more interesting scenario is that cable breaking below ...
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
USDCAD Sep 28 to Oct 02 Outlook
Lawrence’s Comment
Forced test of Y+1 and above worked out as expected. Y-0 support for Y+2 target also worked out. Closed the week above Y+1 and midpoint.
Outlook
As long as Y+1 / B-0 acting as support more upside is expected.
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