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
Enough people thought that they are so smart in recognizing the Friday prior to lask week as some kind of capitulation, they got themselves into a wild ride ...
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
More weaknesses as expected with Y-0 resistance worked out perfectly. Flushed down to below Y-2 target. Closed the week below Y-2 and midpoint.
Outlook
Cable is simply playing catch ...
USDCAD Mar 28 to Apr 01 Outlook
Lawrence’s Comment
Development in Libya and Japan shocks many markets including this one. Failed to hold above Y-0 and stalled to a tight range between Y-1 to Y-0.
Outlook
If B+1 is taken out quickly early next week, B+2 and B+3 are the targets.
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