Recap Easy play of the week. As expected, upside breakout with normal Y+3 target tagged. Stalled from there since. Closed the week above Y+2 and midpoint.
Outlook Gold did not end well last week which put some pressure on this pair. The strength in USD is likely to persist this week hence support at B-0 points to at least a retest of B+1.
Lawrence's Comment
Recap
Exactly as expected - failed to clear Y-0 and flushed to Y-2. Closed the week below Y-1.
Outlook
Still trapped inside the down channel. Second half of the week ...
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Lawrence's Comment
Recap
Easy play of the week. Broke Y-1 and then flush to Y-3 target as expected. Closed the week above Y-3 and below midpoint.
Outlook
1.35 has been long term support for ...
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
USDCAD Mar 24 to Mar 28 Outlook
Lawrence’s Comment
Easy play of the week. As expected, upside breakout with normal Y+3 target tagged. Stalled from there since. Closed the week above Y+2 and midpoint.
Outlook
Gold did not end well last week which put some pressure on this pair. The strength in USD is likely to persist this week hence support at B-0 points to at least a retest of B+1.
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