Recap Target mentioned last week tagged first and then bounced off. Second drop broken Y-1 support level and the downside target Y-2 tagged by the end of the week.
Outlook Three pushes towards support level implies the current down leg is over. As long as B-1 acts as support, B+1 will like be tagged.
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
ES got the down channel resistance and sold off from there. Monday low acted as support for one day and gave in on 2nd test. Closed the week below ...
Lawrence's Comment
Recap
Gap above Y+1 at the start of the week forced another systematic squeeze on shorts. Tight range all week. At the final hours on Friday, rallied to ...
Recap
Made a deep pullback but finally reacted similarly like Aussie. Completed the week by tagging the target Y+1.
Outlook
As long as B-0 acts as support, B+2 is next target.
A ...
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
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 Apr 11 to Apr 15 Outlook
Lawrence’s Comment
Target mentioned last week tagged first and then bounced off. Second drop broken Y-1 support level and the downside target Y-2 tagged by the end of the week.
Outlook
Three pushes towards support level implies the current down leg is over. As long as B-1 acts as support, B+1 will like be tagged.
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