Trading Edges That Last
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Lawrence's Comment Recap Consolidation actions around Y+1. Lower boundary of open gap filled while crime scene above from the last sell off stopped the rally attempt. Closed the week near Y-0 and ...READ MORELawrence's Comment Recap Got Y+2 as expected. Immediate pullback since. Consolidated around Y+1. Closed the week below Y+1 and midpoint. Outlook Down trend on daily broken. Now US dollar has to prove its strength ...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 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 MOREIntraday Cycle Projection (USDJPY) 2017-04-21Precog Vision – Forex 2011-10-5Precog Vision – Forex 2013-7-1Dow 30 Jan 04 to Jan 08 OutlookUSDCAD Jul 21 to Jul 25 Outlook3DP Odds Table (USDJPY) 2012-11-263DP Odds Table (USDJPY) 2023-05-02Hot n Cold (USDJPY) 2020-10-9Precog Vision – Forex 2015-10-15Precog Vision – Forex 2023-5-2
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USDJPY Mar 21 to Mar 25 Outlook
Lawrence’s Comment
News shock moved the pair wildly and that led to G7 intervention. Closed the week below Y-2.
Outlook
There are still too many variables affecting the short term (hourly) volatility. Not a good idea to trade on this pair until the current crisis settledown.
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