USDCAD May 16 to May 20 Outlook

Lawrence's Comment Recap Gap up early in the week failed to push above Y+1. Formed a double top and sold off from there. Flushed to Y-2 as expected. Bounced quickly ...

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 2300 turned into resistance. Dropped quickly to Y-3 area as expected. Closed the week below Y-2. Outlook Option expiration week is over. This week the bias is in general ...

Lawrence's Comment Recap Expected to see lower price and we got that. It turned into a FBO against Y-1 which triggered the Y+1 target. Y+1 only offered a pause. Closed the week ...

Lawrence's Comment Recap Resistance zone pressured cable back down to Y-0 and below as expected. In turn stop run took it all the way back down to Y-1. Closed the week below ...