USDCAD Jun 04 to Jun 08 Outlook

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 Opened strong challenging Y+1 but failed to go higher. That opened the door to other extreme at Y-1. Dropped down to almost there at 100% absolute range expansion and ...

Lawrence's Comment Recap Reversal expectation played out. Euro rejected Y-1 and zoomed above Y+1 right after FOMC announcement. Strong reaction above Y+1. Closed the week above Y-0 and midpoint. Outlook Although euro ...

Lawrence's Comment Recap Sold off as expected. Target Y-3 tagged. Easy weekly move completed. Closed the week near Y-2 and midpoint. Outlook Gaps above B+1 and below B-1 are in play once ...

Lawrence's Comment Recap ES followed the other 2 indices making a major reversal. Custom breadth models correctly identified the expected weaknesses. Closed the week below Y-1 and near week low. Outlook Y-1 ...

Lawrence's Comment Recap NQ gapped above Y-0 and that turned into support. It does not matter whether it traded back above Y-0 or gapped above. In fact, the gapping above B-0 ...