Lawrence's Comment
Recap
As expected, rallied most of the week once a low was established on Monday. 200% absolute range expansion completed and stalled from there. Closed the week above Y+1 ...
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Lawrence's Comment
Recap
Spike bottom happened before midweek yet failed to push above Y-0. Closed the week below Y-1 and midpoint.
Outlook
The first try to find a bottom failed. The week turned into ...
USDCAD Sep 12 to Sep 16 Outlook
Lawrence’s Comment
As expected the pair tagged Y+2 first. Then wild swing in gold price dropped the pair lower. Closed the week between Y+2 to Y+3.
Outlook
Continuation rally to B+2 is expected as long as B+0 is acting as support.
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