Trading Edges That Last
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Lawrence's Comment Recap Y-1 tagged early in the week as expected. The sharp reversal scenario happened to Cable instead of Euro. Nonetheless, Euro closed at the high of the week tagging ...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 Volatility picked up as expected. Dropped to Y-3 and bounced. Zoomed back up to previous year close and have that taken care of. Closed the week near Y-1 and ...READ MOREPrecog Vision – Forex 2022-3-7Intraday Cycle Projection (USDJPY) 2013-12-17EURUSD May 30 to Jun 03 OutlookIntraday Cycle Projection (USDJPY) 2014-10-15Precog Vision – Forex 2020-12-21Nasdaq 100 Jan 12 to Jan 16 OutlookWeekly Cycle Projection (USDJPY) 2017-08-21Intraday Cycle Projection (USDJPY) 2014-09-10Weekly Cycle Projection (USDJPY) 2014-04-21Intraday Cycle Projection (USDJPY) 2019-04-29
As Featured In
USDJPY Dec 07 to Dec 11 Outlook
Lawrence’s Comment
Ninja tested Y+1 and failed to clear it. Dropped back down to Y-0 and found support. 2nd attempt at Y+1 cleared it and moved higher until 100% absolute range expansion. Failed to hold above Y+1 sent it back down to Y-1. Bounced off Y-1. Closed the week above Y-0 and midpoint.
Outlook
Sideway actions simply reflect the lower liquidity during this holiday season. 2-way play with no follow through is expected.
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