Recap Bounced off 1.00 par level on first test as expected. Yet, once the precious metals started to rally, US dollar is crushed. Closed the week below 1.00 and near the low of the week.
Outlook As long as par level acts as resistance, the lower support price zone of Y-3 will be tagged.
Lawrence's Comment
Recap
Unlike NQ, ES ended last week without filling the gap above completely. ES was the weaker one. The rally was a controlled one because by the end of ...
Lawrence's Comment
Recap
As mentioned last week, there is limited upside potential and that is exactly what happened. Dow failed to push higher and thru multiple volatile swings, it traded ...
Lawrence's Comment
Recap
As expected, total sideway action all week. slided down to Y-1 and bounced. Pushed thru Y-0 and tried to breakout upside above Y+1 failed. Closed the week ...
USDCAD Oct 31 to Nov 04 Outlook
Lawrence’s Comment
Bounced off 1.00 par level on first test as expected. Yet, once the precious metals started to rally, US dollar is crushed. Closed the week below 1.00 and near the low of the week.
Outlook
As long as par level acts as resistance, the lower support price zone of Y-3 will be tagged.
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