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
ContentReviewEuro Down Channel BreakoutS&P Correction Has BegunGold Reached Short Term Upper TargetBig Picture SummaryReviewEuro test of 2019 year low as expected. The surprise is that it staged a very serious ...
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 15 to Aug 19 Outlook
Lawrence’s Comment
The pair was doing a standard consolidation below Y+2 and above Y-0 after a strong week. Closed the week at Y+1.
Outlook
The consolidation points to a retest of B+1 likely. That also means B-1 down to Y-0 should act as support this coming week.
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