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
Lawrence's Comment
Recap
Snapped back up to Y-0 as predicted. Failed to hold above Y-0 and falled back down to Y-1. Effectively consolidated within Y-1 to Y-0 area. Closed above midpoint ...
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 Jan 04 to Jan 08 Outlook
Lawrence’s Comment
Last week of the year consolidation actions in tight range. Closed the week near Y-1 and week low.
Outlook
Can develop into 4 hour down channel with B-2 down to B-3 in play. Not necessary bearish as this is just weekly bull flag in the making.
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