Recap Compression all week simply swinging around Y-0. Closed the week above Y-0 and midpoint.
Outlook Inside week with tight range gives us breakout mode. Clearing the 3 week upper boundary points to a run above B+3 / 1.36 area. Clearing the lower boundary points to a steep pullback to B-3 area.
Lawrence's Comment
Recap
Got our targets tagged within first half of the week then stalled from there (Y+2). Y+1 acted as support and closed the week above midpoint.
Outlook
The reaction to Y+2 ...
Lawrence's Comment
Recap
NQ upside breakout with ES and Dow. The only one out of the 3 indices reached its Y+2 upside target. NQ then failed to hold onto its gain and ...
Lawrence's Comment
Recap
Cable pressed at Y-1 in the beginning of the week and then collapsed on news. This staged a 100% expansion move to the downside. Cable tagged 100% absolute range ...
Lawrence's Comment
Recap
As expected, Aussie stays weak and failed to clear Y-0. Dropped below Y-1 and stopped at equal distance off previous week close. Closed the week near Y-1 and below ...
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 Sep 14 to Sep 18 Outlook
Lawrence’s Comment
Compression all week simply swinging around Y-0. Closed the week above Y-0 and midpoint.
Outlook
Inside week with tight range gives us breakout mode. Clearing the 3 week upper boundary points to a run above B+3 / 1.36 area. Clearing the lower boundary points to a steep pullback to B-3 area.
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