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Lawrence's Comment Recap Euro in wait and see mode early part of the week for the outcome from Euro zone meeting. After that euro drifted higher but not by much. Closed the ...READ MOREFor 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 scheduleREAD MORELawrence's Comment Recap Tagged upside target of Y+2 early in the week. Slided back down and closed the week below Y+1. Outlook As long as Y-0 to B-1 acts as support, a ...READ MOREFor 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 scheduleREAD MORELawrence's Comment Recap Dropped to Y-1 as expected. Bounced back immediately. Y-0 resistance stopped the bounce. Closed the week below Y-0 and midpoint. Outlook 4 Hour down channel established. Until break out ...READ MOREFor 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 scheduleREAD MOREPrecog Vision – Forex 2023-5-2Intraday Cycle Projection (USDJPY) 2016-07-13EURUSD Feb 16 to Feb 20 OutlookUSDCAD Aug 28 to Sep 01 OutlookPrecog Vision – Forex 2022-3-30AUDUSD Jan 09 to Jan 13 OutlookPrecog Vision – Forex 2018-12-123DP Odds Table (USDJPY) 2023-01-12USDJPY May 18 to May 22 OutlookPrecog Vision – Forex 2013-4-26
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USDJPY May 19 to May 23 Outlook
Lawrence’s Comment
Ninja held support, no follow-thru to the downside as expected. A spike back up to Y+1 failed to hold, gave us a drop to Y-0 and eventually Y-1. Closed the week near Y-1 and below B-0.
Outlook
The Y-1 / B-1 zone has been the support for months. Every time it is challenged, something magical happened to reverse the course. Maybe intervention, maybe not.
As long as B-0 acting as resistance, B-2 and below in play.
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