Trading Edges That Last
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Lawrence's Comment Recap Test of Y+1 led to breakout to the upside. Breakout target Y+3 was tagged by the end of the week. Closed the week above Y+2 and near week high. ...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 MOREUSDCAD Jul 20 to Jul 24 OutlookWeekly Cycle Projection (USDJPY) 2023-05-023DP Odds Table (USDJPY) 2012-09-21EURUSD Oct 18 to Oct 22 Outlook3DP Odds Table (USDJPY) 2021-08-093DP Odds Table (USDJPY) 2013-03-05S&P 500 Feb 06 to Feb 10 Outlook3DP Odds Table (USDJPY) 2020-06-02Precog Vision – Forex 2020-12-4USDCAD Oct 23 to Oct 27 Outlook
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USDJPY Jan 04 to Jan 08 Outlook
Lawrence’s Comment
Tight range actions around Y-1 at 50% range. Consolidation during quiet last week of the year. Closed the week below Y-1 and midpoint.
Outlook
Wait and see time for first week of the year will define the initiation for the rest of the month and in turn the rest of the year. Strong bottoming setup from this year points to retest of Y+2 and above in coming weeks.
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