Recap Ninja popped higher with upside target tagged as expected. Resistance at Y+3 keeping the range in check. Closed the week near Y+2 and above midpoint.
Outlook Strong resistance at Y+3 /B+1 zone. Big sideway consolidation between B+1 and B-1 likely until weekly and monthly support / resistance line up. Breaking below B-0 points to quick drop to B-1.
Lawrence's Comment
Recap
Pullback to B-0 as expected. Basing action as well. Closed the week at Y+1 / midpoint.
Outlook
Not clear at all. The basing action can be viewed as a ...
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
Got Y-2 as expected. Intervention type news shock from there is also expected. Closed near the high of the week and above Y-0.
Outlook
euro has not snapped out of ...
USDJPY May 16 to May 20 Outlook
Lawrence’s Comment
Ninja popped higher with upside target tagged as expected. Resistance at Y+3 keeping the range in check. Closed the week near Y+2 and above midpoint.
Outlook
Strong resistance at Y+3 /B+1 zone. Big sideway consolidation between B+1 and B-1 likely until weekly and monthly support / resistance line up. Breaking below B-0 points to quick drop to B-1.
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