Lawrence's Comment
Recap
Gapped above Y+1 on Monday and closed below. All out selloff induced until 100% absolute range expansion right above Y-1. NQ then tried very hard to produce ...
Lawrence's Comment
Recap
Aussie driven lower in the beginning of the week down to Y-1. Found support there can zoomed to Y+2. 2nd attempt at clearing Y+2 failed and led to 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
USDCAD Aug 29 to Sep 02 Outlook
Lawrence’s Comment
Trapped inside Y-1 to Y+1. The spike and ledge formation is intact. Closed the week below midpoint and is an inside week.
Outlook
Breakout formation in place. The breakout direction will last for at least a week and will be the preferred swing trading setup.
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