Recap Test of Y+1 led to breakout to the upside. Breakout target Y+3 was tagged by the end of the week. Closed the week above Y+2 and near week high.
Outlook Stop run actions were seen. B-0 / Y+1 support until proven otherwise. A pullback to support can happen but not necessary. Consolidation week around previous week close is expected.
Lawrence's Comment
Recap
Sideway drift continues with Y-0 acted as support in the beginning of the week which gave us a run to Y+1. Y+1 rejected gave us a move back down ...
Lawrence's Comment
Recap
NQ held previous week close and rallied off there right from the start of the week. As the strongest of the 3 indices, it tagged Y+2 by ...
Lawrence's Comment
Recap
As expected euro went a bit higher above Y+1 and then consolidated near Y+1 most of the week until more news fed out from European officials again. ...
USDCAD Jul 20 to Jul 24 Outlook
Lawrence’s Comment
Test of Y+1 led to breakout to the upside. Breakout target Y+3 was tagged by the end of the week. Closed the week above Y+2 and near week high.
Outlook
Stop run actions were seen. B-0 / Y+1 support until proven otherwise. A pullback to support can happen but not necessary. Consolidation week around previous week close is expected.
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