Recap First test of Y+1 stopped the run and gave us a slow drift back down to previous week close. Then an excuse was given and gave us the Y+1 breakout I was looking for. Closed the week above Y+1 and midpoint.
Outlook Potential reversal in place. As long as B-0 / Y+1 zone acting as support B+2 and above is in play.
Lawrence's Comment
Recap
Failed to trade above the resistance I mentioned last week. Messy price action around Y-1 since. Capped within 50% previous week range. Closed the week below midpoint and above ...
Lawrence's Comment
Recap
Pullback from Y+1 to Y-0 as expected. A sudden turn from above Y-1 breaking Y+1 points to Y+3 in play. Once Y+3 was tagged, the rest of the ...
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
Y-1 rejected in the beginning of the week leading to a run to Y-0 / open gap resistance zone. Dow failed to stay above Y-0 giving us a go ...
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 Jul 14 to Jul 18 Outlook
Lawrence’s Comment
First test of Y+1 stopped the run and gave us a slow drift back down to previous week close. Then an excuse was given and gave us the Y+1 breakout I was looking for. Closed the week above Y+1 and midpoint.
Outlook
Potential reversal in place. As long as B-0 / Y+1 zone acting as support B+2 and above is in play.
Share