Recap
Comparing to GBP, euro had a more difficult selloff. It took better half of the week to make an attempt to test Y-1 and finally sold off to almost ...
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
FBO against Y+1 gave us Y-0 and the next support below. Closed the week above Y-0 and midpoint.
Outlook
Non-stop intervention by ECB and other central banks, Euro has ...
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
"How much money will I make trading Forex?" is the question I am going to answer in this article. I have posted another article, Position Sizing For Forex Traders ...
USDCAD Aug 24 to Aug 28 Outlook
Lawrence’s Comment
Bullish bias worked out. Y-0 support gave us a test of Y+1. Closed the week near Y+1 and week high.
Outlook
Upside breakout points to B+2 and B+3. FBO against B+1 on daily closing basis points to a drop back down to B-1.
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