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
Target of 1.20 tagged early in the week. Then SNB mess sent this back down to Y-0 support. A squeeze was launched with parabolic target at Y+3 tagged by ...
USDCAD Feb 15 to Feb 19 Outlook
Lawrence’s Comment
Sideway actions as expected. 50% range all week. Closed the week below Y-0 and midpoint.
Outlook
Compression gives us breakout mode. Potential slingshot move with Y-1 being retested first and if that holds, leading to a run back up to Y+1.
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