Lawrence's Comment
Recap
Has been talking about this 86-88 long term target for months. Finally there thanks to the new government. Closed the week above Y+3.
Outlook
Long term bias to move ...
Lawrence's Comment
Recap
Y-0 capped the drift up attempt. The selloff, however, is not as strong as expected. That can be partially contributed to the news shock from Europe zone ...
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
Lawrence's Comment
Recap
Warned in my premium member newsletter special update that extreme wild swings were expected last week. Also warned here last week that whiplash coming. We got wild swings in ...
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
FBO against Y+1 gave us Y-0 and Y-1 targets early in the week. Directional selling until Y-1 was breached. Found support there and bounced. Closed the week below Y-0 ...
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 Dec 26 to Dec 30 Outlook
Lawrence’s Comment
Failed to go higher as expected, broken below Y-0. Target of Y-1 reached by end of the week. Closed the week near Y-1.
Outlook
As long as B-0 acting as resistance, Loonie is trapped between B-0 down to B-1. If B-1 is taken out, B-2 will be tagged quickly.
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