Lawrence's Comment
Recap
Bearish bias worked out. Y-1 tagged first thing for the week. Struggled around Y-1 and eventually tagged Y-2 as well. NQ found strong buying from there back up to ...
Lawrence's Comment
Recap
Consolidated early in the week as a bear flag. Finally bear flag broken to the down side and breached Y-1. Euro reversed its course quickly above previous week close ...
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
Upside breakout of Y+1 confirmed the bullish scenario with Y+2 tagged. Consolidation since. Closed the week near Y+2 and above midpoint.
Outlook
Rising wedge potential means a break of ...
USDCAD Jan 30 to Feb 03 Outlook
Lawrence’s Comment
Sold off to 1.0 as expected. Sometimes some markets are easier to trade at times like this one. Closed the week at the low.
Outlook
Critical juncture. Multiple timeframes all pinning at this 1.0 at par zone as the support zone for the weekly bullish trend to continue.
Will wait for confirmed swing away from the zone before jumping in.
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