Lawrence's Comment
Recap
Last week mentioned in S&P 500 commentary that both Y+1 and Y-1 may be tagged, and in Nasdaq 100 I called that double whiplash. We got exactly ...
Lawrence's Comment
Recap
Tight range choppy mess as expected and the projected move to near 120 happened twice. Closed the week above Y+1 and midpoint.
Outlook
The BOJ intention is clear, they ...
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
Uptrend intact in beginning of the week gave us the Y+2 target. Then violent takedown breached Y-0 key up channel support. Waterfall effect brought cable straight down to Y-3 ...
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
USDCAD May 28 to Jun 01 Outlook
Lawrence’s Comment
Consolidation around Y+1 with 50% range as expected. Closed the week at the week high.
Outlook
No real weaknesses showing in the chart yet. Sell setup on 4 hours can send this back down to B-2 slowly over several weeks but not likely.
Like to so a bit more consolidation before this pair goes higher.
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