Lawrence's Comment
Recap
News shock at the beginning of the week sent ES above Y-0. FBO against Y-0 turned Y-0 into resisstance and a drop back down to Y-1. Test of Y-0 ...
Lawrence's Comment
Recap
News shock sent the pair down to Y-3. W. spring against Y-3 and snap back up to B+1. Original upside target Y+2 tagged then went sideway for the ...
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 Dec 31 to Jan 04 Outlook
Lawrence’s Comment
As expected we got a pullback and support was found above Y-0. Gave us a push to above Y+1. Closed the week above Y+1 and near week high.
Outlook
1.0 par level is a strong magnet. It is likely we will get there quickly.
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