Recap Trend line break play worked out with ninja dropped to almost Y-3. Strong reaction right after taking ninja back up to exactly where the breakdown started. Closed the week near Y-2 and midpoint.
Outlook Wide range week and daily up trend broken points to consolidation play this week. 50% of previous week range is expected.
ReviewEuro Going LowerS&P Sideway Until Seasonal HitsGold Daily Down Trend EstablishedBitcoin Not Safe To Play10-Year Note Yield Consolidation StartedBig Picture SummaryReviewEuro went lower as expected.S&P fell to previous year low ...
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
Finally a flush lower was allowed. Y-2 downside target tagged. Then BOJ + Japanese government came out jawboning ninja into reversal. Closed the week above Y-0 and near week ...
Lawrence's Comment
Recap
Struggled at Y-1 and eventually break below but failed to tag Y-2. That set the stage to rally back to Y-0. Closed the week near Y-0 and ...
USDJPY Mar 23 to Mar 27 Outlook
Lawrence’s Comment
Trend line break play worked out with ninja dropped to almost Y-3. Strong reaction right after taking ninja back up to exactly where the breakdown started. Closed the week near Y-2 and midpoint.
Outlook
Wide range week and daily up trend broken points to consolidation play this week. 50% of previous week range is expected.
Share