USDCAD May 11 to May 15 Outlook

Lawrence's Comment Recap Congestion between B-1 to B+1 most of the week. Then total collapse once the week low is taken out the last moment of the week. Obvious stop ...

Lawrence's Comment Recap Y+1 support helped ninja to push straight up to Y+3 breakout target. Closed the week near Y+3 and above midpoint. Outlook Initial run probably done. Y+3 resistance will signal ...

Lawrence's Comment Recap Tight range breakout to the upside. Tagged breakout target of Y+3. Closed the week near Y+3 and week high. Outlook Consolidation around B+1 likely until NFP Friday.

Lawrence's Comment Recap Dow gapped below support zone and flushed straight down to Y-1 first before finding support. FBO against Y-1 gave us a run back up to Y-0 and gap fill. ...

Lawrence's Comment Recap As mentioned last week, the reversal potential is there and no longer looking for short. Nailed it. 100% absolute range expansion stopped the run up slighly below ...