Recap First test of Y+1 stopped the run and gave us a slow drift back down to previous week close. Then an excuse was given and gave us the Y+1 breakout I was looking for. Closed the week above Y+1 and midpoint.
Outlook Potential reversal in place. As long as B-0 / Y+1 zone acting as support B+2 and above is in play.
Lawrence's Comment
Recap
Attempted to hold Y-1 earlier in the week leading to a pop higher back up to Y+1. Closed the week above Y-0 and midpoint.
Outlook
Consolidation actions indicate indecision. ...
Lawrence's Comment
Recap
Pullback to support zone mentioned last week as expected. Attempt to bounce back up failed to clear 1.57 weekly resistance. Closed the week below Y-0 and midpoint.
Outlook
Inside ...
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Lawrence's Comment
Recap
Popped back up above Y-0 as expected. That was not enough to stop the selling as significant selling happened in the underlying components when ES was above 1660. The ...
Lawrence's Comment
Recap
Broken below Y-0 early in the week, points to a push towards Y-1. We got the drop later in the week but Y-1 was not tagged as ...
Lawrence's Comment
Recap
Trapped within Y-1 to Y+1 as expected. Nothing much can be done while loonie is stuck in a tight range. Closed the week at Y+1.
Outlook
Loonie looks like ...
USDCAD Jul 14 to Jul 18 Outlook
Lawrence’s Comment
First test of Y+1 stopped the run and gave us a slow drift back down to previous week close. Then an excuse was given and gave us the Y+1 breakout I was looking for. Closed the week above Y+1 and midpoint.
Outlook
Potential reversal in place. As long as B-0 / Y+1 zone acting as support B+2 and above is in play.
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