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
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
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
Lawrence's Comment
Recap
All week bear flag drift up. Tagged resistance at Y-0 before NFP and sold off right after. Wild reaction at Y-1 and erased the drop. Closed the week below ...
Bull Putting is the concept of taking advantage of a strong up swing to catch some profit from the remaining part of the move. The idea is sound but most ...
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 19 to May 23 Outlook
Lawrence’s Comment
As expected, consolidation near Y-0 with tight range. Closed the week below Y-0 and near week low.
Outlook
Y-1 is asking for a retest. It is lined up with B-2 which makes it a stronger magnet.
A strong reaction to B-2 that snap back up above B-1 will set the stage for a strong rally above B+1 in a week or two.
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