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
Resistance zone worked out giving us a flush to below Y-1 in one slow drop. Y-1 turned into resistance and closed the week at week low.
Outlook
Y-2 is ...
Lawrence's Comment
Recap
Did not stop at the Y-0 resistance. Instead, formed a double top to break back down before Y-0. That ensured Y-1 to be retested. At 100% absolute range ...
Lawrence's Comment
Recap
Stayed weak and sold off down to Y-2 my downside target. Closed the week near week low and above Y-2.
Outlook
Slow structured selling do not last but it is not ...
USDCAD Dec 31 to Jan 04 Outlook
Lawrence’s Comment
As expected we got a pullback and support was found above Y-0. Gave us a push to above Y+1. Closed the week above Y+1 and near week high.
Outlook
1.0 par level is a strong magnet. It is likely we will get there quickly.
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