Recap Consolidated around previous week close in reduced range. Situation in Ukraine put a leash on the majors. Closed the week below Y+1 and near midpoint.
Outlook Volatility should pick up later tonight depending on reactions to the Crimea vote.
Chart patterns suggest upside breakout likely as long as B-1 / Y-0 acting as support.
Lawrence's Comment
Recap
Pullback to Y-2 support zone as expected. Ninja rallied since to tag Y+1. Strong reaction at Y+1 zone bought ninja back down. Closed the week below Y-0 and near ...
Lawrence's Comment
Recap
Further compression happened. Price broken down to Y-2 resulted in a strong bounce from Y-2 twice. However, closed the week at midpoint below Y-1.
Outlook
Clearly intervention at this 76 ...
Lawrence's Comment
Recap
As oppose to just consolidate like Loonie, Aussie continued its path towards the Y-2 target before bouncing back. Attempts to trade above Y-1 failed so far and closed ...
USDCAD Mar 17 to Mar 21 Outlook
Lawrence’s Comment
Consolidated around previous week close in reduced range. Situation in Ukraine put a leash on the majors. Closed the week below Y+1 and near midpoint.
Outlook
Volatility should pick up later tonight depending on reactions to the Crimea vote.
Chart patterns suggest upside breakout likely as long as B-1 / Y-0 acting as support.
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