Recap Strong support at Y-1 sent this back up to Y-0. 2nd attempt to push this down to Y-1 met with stronger buying still. Y-0 cleared and Y+1 tagged. Closed the week above Y+1 and near week high.
Outlook Outside reversal week with strong close is bullish. A push towards B+2 is likely.
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
Quick fall early in the week due to news shock. Then struggled to hold and failed to go above Y-0. Closed the week above Y-0 but below ...
Lawrence's Comment
Recap
Topped out in the beginning of the week and flushed down to my target below. But it did not stop there. NQ gapped down and flushed down to Y-5. ...
Lawrence's Comment
Recap
Hands off recommendation was spot on. Consolidation in tight range between Y-0 and Y-1. Closed the week below Y-0 and near midpoint.
Outlook
Inside week tight range and close ...
Lawrence's Comment
Recap
Development in Libya and Japan shocks many markets including this one. Failed to hold above Y-0 and stalled to a tight range between Y-1 to Y-0.
Outlook
If B+1 is ...
USDCAD Nov 09 to Nov 13 Outlook
Lawrence’s Comment
Strong support at Y-1 sent this back up to Y-0. 2nd attempt to push this down to Y-1 met with stronger buying still. Y-0 cleared and Y+1 tagged. Closed the week above Y+1 and near week high.
Outlook
Outside reversal week with strong close is bullish. A push towards B+2 is likely.
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