Recap Easy trade of the week. Cleared resistance zone mentioned last week quickly. Tagged Y+3 target by end of week. Closed the week above Y+2 and midpoint.
Outlook Wide range week with strong close. Clearing B+1 likely. Consolidation around Monday range also likely.
Lawrence's Comment
Recap
Tighest range in several weeks. Tagged my upside target with slow drift up as expected. The reaction to that was like lightening strike and dropped Aussie lower. ...
Lawrence's Comment
Recap
As expected the rising wedge did not last. It was broken to the down side and the selloff almost tagged my downside target. Euro bounced before the target was ...
Lawrence's Comment
Recap
News shock. Forced the week to open from Y-1. That turned Y-0 into resistance and target of Y-2 was reached by the end of the week.
Outlook
The overall price ...
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
Aussie carried higher as gold holding onto its gain last week. Spiked through Y-0 but failed to clear the resistance. Closed the week below Y-0 and midpoint.
Outlook
Consolidation after wide ...
USDCAD Aug 04 to Aug 08 Outlook
Lawrence’s Comment
Easy trade of the week. Cleared resistance zone mentioned last week quickly. Tagged Y+3 target by end of week. Closed the week above Y+2 and midpoint.
Outlook
Wide range week with strong close. Clearing B+1 likely. Consolidation around Monday range also likely.
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