Lawrence's Comment
Recap
Opened the week below previous week low (Y-1) and spring back up. Gap up next to clear the previous week midpoint pointed to test of previous week ...
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
A easy catch of FBO against Y+1 right when 100% absolute range expansion was reached. But there was no meat at all from the resulting drop as the week ...
Lawrence's Comment
Recap
As oppose to holding above support level, NQ sold off in the beginning of the week to right underneath the level, creating a w. upthrust against Y+1. That ...
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 Jun 10 to Jun 14 Outlook
Lawrence’s Comment
As mentioned last week, got our violent retest of Y-0 and flushed to the downside targets. Closed the week near week low and below Y-2.
Outlook
Consolidation with more downside.
If B-0 is cleared in 1 strong move and that it turns into support, we get a zoom back up to Y+1.
Share