Recap Bullish expectations played out and upside breakout normal target of Y+2 was tagged. Momentum strong enough sending price higher with former resistance acting as support. Closed the week above Y+2 and near week high.
Outlook More upside is expected. Consolidation will keep price holding around B+1.
Lawrence's Comment
Recap
Sold off to Y-2 as expected. The strong rally, however, all the way back up to Y-0, was quite amazing. Closed the week below Y-0 after failing to ...
Lawrence's Comment
Recap
Consolidation around B+1 at 50% range as expected. A necessary pause for the wild moves over the past few weeks. Closed the week below Y+1 and near midpoint.
Outlook
Difficult week ...
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
Worst Thanksgiving week in history. Pure selloff breaking every support level after they are touched and bounced off from. Ended the week closing at Y-3 and completed 100% ...
USDCAD May 25 to May 29 Outlook
Lawrence’s Comment
Bullish expectations played out and upside breakout normal target of Y+2 was tagged. Momentum strong enough sending price higher with former resistance acting as support. Closed the week above Y+2 and near week high.
Outlook
More upside is expected. Consolidation will keep price holding around B+1.
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