Lawrence's Comment
Recap
After completing the 100 points dash to above 2100 (the actual bottom is not visible on the chart because it happened during overnight actions), unloading started and FBO against ...
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
Recap of Last Week 1-2-3 buy on 4-hour right off the start and run towards the 50% upside weekly expansion before the pair stalled. Euro then held up nicely ...
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 May 26 to May 30 Outlook
Lawrence’s Comment
Y-1 acted as support and forced a run back up to Y+1. Strong reaction there gave us a drop back down. Closed the week below Y-0 and midpoint.
Outlook
Outside week, midpoints near each other but closed within the bottom of the range – indecision with bearish bias.
Again, as long as Y-0 / B-0 acting as resistance, looking for Y-2.
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