Recap Waiting for the breakout paid off. Upside breakout tagged the usual Y+3 target and paused there. After NFP price zoomed to Y+4 and stalled. Closed the week above Y+3 and midpoint.
Outlook Multiple week compression gives us this powerful rally. More upside is expected. A drift back to B-0 support is possible but not necessary.
Lawrence's Comment
Recap
Whatever excuses the analysts pointing out that you can go long ninja last week are just excuses. They do not have a clue that the consolidation phase ...
Recap of Last Week Prior week was a tight range week going nowhere that points to potential breakout with target expansion equals to the week’s range. That is what ...
Lawrence's Comment
Recap
Aussie carried higher as gold holding onto its gain last week. Spiked through Y-0 but failed to clear the resistance. Closed the week below Y-0 and midpoint.
Outlook
Consolidation after wide ...
USDCAD Jan 13 to Jan 17 Outlook
Lawrence’s Comment
Waiting for the breakout paid off. Upside breakout tagged the usual Y+3 target and paused there. After NFP price zoomed to Y+4 and stalled. Closed the week above Y+3 and midpoint.
Outlook
Multiple week compression gives us this powerful rally. More upside is expected. A drift back to B-0 support is possible but not necessary.
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