Recap Easy one of the week. Beautiful bull flag / channel break as expected. Went straight for November high. Closed the week above Y+1 and near week high.
Outlook Wide range week with strong close points to more upside in store.
Consolidation at 50% range around B+1 / close likely.
Lawrence's Comment
Recap
With the backdrop of government intervention, dollar yen is showing the strongest persistencies in its uptrend. After the shock sending the pair down to Y-0, it bounced off ...
Lawrence's Comment
Recap
Drifted up as expected, except that shock caused by euro broken down. Closed the week at midpoint.
Outlook
A new year means a new initiation process starting this week. ...
Lawrence's Comment
Recap
Gap above Y+1 killed the pullback potential down to Y-2. That did not changed the consolidation actions that is expected for the week. Wild swings by the end of ...
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Lawrence's Comment
Recap
Held Y-0 support, gave us a run to Y+1 as expected. Can't ask for more. Closed the week above Y-0 and midpoint.
Outlook
Still indecisive whether to push higher or collapse ...
USDCAD Dec 01 to Dec 05 Outlook
Lawrence’s Comment
Easy one of the week. Beautiful bull flag / channel break as expected. Went straight for November high. Closed the week above Y+1 and near week high.
Outlook
Wide range week with strong close points to more upside in store.
Consolidation at 50% range around B+1 / close likely.
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