Recap Moved lower in the beginning of the week as expected. Reversal from there to challenge Y-0 and gave us the Y+1 run. Closed at week high and right below Y+1.
Outlook Daily reversal in place. As long as Y-0 / B-0 acts as support, a run back up to 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
Lawrence's Comment
Recap
NQ held the support I mentioned last week and from there started an impressive rally to clear the resistance zone one by one. NQ finally tagged Y-0 the upside ...
USDJPY Oct 14 to Oct 18 Outlook
Lawrence’s Comment
Moved lower in the beginning of the week as expected. Reversal from there to challenge Y-0 and gave us the Y+1 run. Closed at week high and right below Y+1.
Outlook
Daily reversal in place. As long as Y-0 / B-0 acts as support, a run back up to B+2 is likely.
Share