Recap Ninja reversed its course as expected from higher timeframe support. Ran all the way back up to Y+1 before it stopped. Closed the week above Y+1 and midpoint.
Outlook Outside week strong close. Potential weekly reversal in place. As long as B-0 is not breached ninja will go higher in coming weeks.
Lawrence's Comment
Recap
Started the week holding Y-0. Upside breakout tagged target Y+2 and stalled. Struggled to hold Y+1 since. Closed the week above Y+1 and near midpoint.
Outlook
1.13 and above ...
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
Euro found resistance exactly at where I expected. Easiest play last week. Sold off since Y+1 was rejected and continue to weaken. Closed the week below Y-1 and near ...
USDJPY Jul 07 to Jul 11 Outlook
Lawrence’s Comment
Ninja reversed its course as expected from higher timeframe support. Ran all the way back up to Y+1 before it stopped. Closed the week above Y+1 and midpoint.
Outlook
Outside week strong close. Potential weekly reversal in place. As long as B-0 is not breached ninja will go higher in coming weeks.
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