Recap Another winner here. Cleared Y-0 and FBO against Y-1 gave us the fuel to go back up. Cleared Y+1 and almost got Y+2. Closed the week above Y+1 and near week high.
Outlook More upside expected. B+2 in play as long as the pair can hold above B-0 and Y-0.
Lawrence's Comment
Recap
Y-0 support sent NQ up to Y+2 and above. 4700 round number resistance sent NQ back down. Closed the week below Y+1 and midpoint.
Outlook
Upchannel / Bear flag ...
Lawrence's Comment
Recap
Bad data affected this chart. Aussie pushed higher above Y+1 but failed to hold up at the end and dropped all the way back to Y+1. Closed the week ...
Lawrence's Comment
Recap
Up drift all week back to the crime screne after previous week close defended. Closed the week above Y-0 and midpoint.
Outlook
Inside week like the other majors. Bear ...
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
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 Aug 05 to Aug 09 Outlook
Lawrence’s Comment
Another winner here. Cleared Y-0 and FBO against Y-1 gave us the fuel to go back up. Cleared Y+1 and almost got Y+2. Closed the week above Y+1 and near week high.
Outlook
More upside expected. B+2 in play as long as the pair can hold above B-0 and Y-0.
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