Recap More upside as expected. Y+2 / 1.32 breached and we got jawboning as expected as well. So predictable. Closed the week above Y+1 and near midpoint.
Outlook Canadian dollar and Aussie both as affected by the flushing process in gold. Until gold settledown a bit, more upside is expected for this pair.
Lawrence's Comment
Recap
The other easy play for the week. Failed to push above Y-0 and dropped straight down to Y-2 target mentioned last week. Consolidated around Y-2 and gave us a ...
Lawrence's Comment
Recap
What I said last week played out - "At best a 20 points pullback is all bears can hope for right now". ES consolidated around Y+1 during this option ...
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 Aug 10 to Aug 14 Outlook
Lawrence’s Comment
More upside as expected. Y+2 / 1.32 breached and we got jawboning as expected as well. So predictable. Closed the week above Y+1 and near midpoint.
Outlook
Canadian dollar and Aussie both as affected by the flushing process in gold. Until gold settledown a bit, more upside is expected for this pair.
Share