Lawrence's Comment
Recap
The support zone mentioned last week worked out very well. B+1 was taken out quickly as expected too. Consolidation scenario played out like a script.
Outlook
As the support zone ...
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
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
As expected, Y+1 tagged early in the week. Consolidation since then.
Outlook
As long as Y-0 to B-1 acts as support, retest of B+1 is likely.
A quick break of ...
Lawrence's Comment
Recap
As expected, rallied most of the week once a low was established on Monday. 200% absolute range expansion completed and stalled from there. Closed the week above Y+1 ...
USDJPY Jul 04 to Jul 08 Outlook
Lawrence’s Comment
Consolidation around previous week close in tight range. Closed the week below Y-0 and near midpoint.
Outlook
Test of B-1 likely. B-1 acting as support will give us B+1 and above.
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