USDJPY Aug 10 to Aug 14 Outlook

Lawrence's Comment Recap Continuation drop turned into falling wedge and bottom out. Reversal forced a test of the crime scene of the breakdown. Closed the week below Y-1 and midpoint. Outlook B-1 ...

Lawrence's Comment Recap As expected, Y-0 was tagged after multiple attempts to break below Y-1 and failed. Closed the week near midpoint. Outlook Loonie likely trapped between B+1 down to B-1 over ...

Lawrence's Comment Recap Euro rallied from Y-1 as expected and cleared Y-0 in 1 go. The counter-trend rally was triggered as mentioned last week zooming it back up to near 1.28 before ...

Lawrence's Comment Recap Held Y-1 in beginning of the week led to a bounce towards Y-0. Failed to reach Y-0 and retested Y-1 as expected. Consolidated around Y-1 since. Closed the week ...

Lawrence's Comment Recap Attempted downside first but failed to stay below Y-0. Drifted up slowly yet failed to push above 121 and collapsed back down. Closed the week below Y-0 and near ...