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Lawrence's Comment
Recap
Cable reacted strongly to the resistance zone mentioned last week and dropped lower since. Closed the week below Y-0 and at week low.
Outlook
Inside week down close. Bearish ...
Lawrence's Comment
Recap
As mentioned last time, NQ was the weakest of the 3 major indices and that ES and Dow may drag it all the way up. That's exactly what happened ...
Lawrence's Comment
Recap
News from Europe created a new wave of sell pressure across European currencies against US dollar. Cable was forced to break Y-1 leading to a flush to ...
Lawrence's Comment
Recap
Trapped between Y-0 downto Y-1. Nothing much happened for the pair.
Outlook
Bottoming formation promising but not in place yet.
Must successfully break above B+1 and that turning into ...
USDCAD Jul 04 to Jul 08 Outlook
Lawrence’s Comment
Consolidation around previous week close. Trapped between Y+1 and Y-0. Closed the week near Y-0 and B-1.
Outlook
Still trapped within the same range over the past several weeks. Until break out of this range, there is no trend to lean on.
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