Recap Breakout play worked out nicely with 100% absolute range expansion target tagged. Drifted sideway since. Closed the week near Y-2 and below midpoint.
Outlook Bear flag on 4 hours points to retest of B-1 and likely lower. Successful attempt in closing the week above B-0 will point to a near term bottom in place.
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
More downside as expected but failed to tag Y-2. Just consolidated around Y-1. Closed the week near Y-1 and midpoint.
Outlook
Indecision to close near Y-1 means a chance to push ...
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
Upside breakout right from the start of the week. Y-2 tagged and acted as resistance. NQ pulled back to week mid and consolidate. Closed the week around midpoint and ...
Lawrence's Comment
Recap
Euro drifted lower and consolidated around Y-1. As euro dropped lower, European officials came out b.s. all the way to keep the currency stable again. Closed the week at ...
Lawrence's Comment
Recap
Breakout play worked out nicely with Y-3 target almost tagged. Strong reaction at Y-3 brought this back up to the crime scene. Closed the week near Y-0 and above ...
USDCAD Apr 18 to Apr 22 Outlook
Lawrence’s Comment
Breakout play worked out nicely with 100% absolute range expansion target tagged. Drifted sideway since. Closed the week near Y-2 and below midpoint.
Outlook
Bear flag on 4 hours points to retest of B-1 and likely lower. Successful attempt in closing the week above B-0 will point to a near term bottom in place.
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