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
Flushed to downside target as mentioned last week and the expected pause started. Sideway actions all week at 50% range. Closed the week near Y-1 and above midpoint.
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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
Aussie dropped to target as expected. Very orderly, no complex move to deal with. Closed the week below Y-2 and at week low.
Outlook
Aussie is developing a falling ...
USDCAD May 21 to May 25 Outlook
Lawrence’s Comment
As expected the rally continues. Y-0 acted as support and forced a strong breakout to Y+3. Closed the week near week high.
Outlook
Short term bottom in place. Long bias until 1.08 is tagged.
Next week, however, is more likely to consolidate near B+1 with 50% range of previous week.
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