Lawrence's Comment
Recap
NQ Y+1 did not act as resistance, and rallied 50% of previous week range and paused. After the Fed + JPM shock, NQ is propelled to Y+3 ...
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, ninja started weak and failed to clear even Y-1. That opened the door to Y-3. Flushed down to Y-3 and bounced. Closed the week below Y-1 and ...
USDJPY Feb 20 to Feb 24 Outlook
Lawrence’s Comment
Going higher as expected. Tagged Y+3 and beyond. Cannot ask for more! Closed the week at its high.
Outlook
Running up a bit too fast.
Bullish scenario consolidation around B+1 within a range of 50% week range.
Bearish scenario pullback to B-0 is possible but not necessary.
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