USDCAD Jan 16 to Jan 20 Outlook

Lawrence's Comment Recap Y+1 acted as resistance, and the less likely scenario worked out perfectly. Free ride from above Y-0 down to Y-1. Closed the week below Y-1. Outlook Tagging Y-2 early in ...

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Lawrence's Comment Recap Monday gapped below critical support which then turned into resistance. Trend sell all week until 200% aboslute range expansion was reached. Closed the week below Y-5 and at week ...

Lawrence's Comment Recap As mentioned last week, loonie depends on gold to hold it up. The moment gold breached its support, loonie collapsed spiking the pair up to Y+2. Closed the week ...

Lawrence's Comment Recap Aussie held the support zone mentioned last week. That helped Aussie to push through its resistance and reached Y+2 normal continuation target. Closed the week above Y+1 and midpoint. Outlook Strength ...

Lawrence's Comment Recap Y-0 acted as support in the beginning of the week. Set the stage to challenge Y+1. 2nd swing took out Y+1 and Y+2. Closed above Y+1. Outlook As long as ...