Recap Once Y-0 was breached, we get our target Y-2. Pretty easy, isn’t it?
Outlook B-1 is potentially a strong support level as many shorts are trapped underneath. If B-1 acts as support early next week, B-0 will be tested. That is the tell tale zone whether this rally has legs.
Lawrence's Comment
Recap
A pretty perfect week. Y-0 acted as support early in the week sending dollar yen to Y+1, which acted as resistance. Y-0 failed to act on 2nd ...
Lawrence's Comment
Recap
As expected ninja rallied back above Y-0. Stalled after first challenge near 100 round number level. Closed the week above midpoint and below Y-0.
Outlook
Easy long last week does not ...
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
Y-0 acted as resistance at the start of the week but could not hold the price down on the 2nd try. Price zoomed up but stalled at the same ...
USDJPY Apr 18 to Apr 22 Outlook
Lawrence’s Comment
Once Y-0 was breached, we get our target Y-2. Pretty easy, isn’t it?
Outlook
B-1 is potentially a strong support level as many shorts are trapped underneath.
If B-1 acts as support early next week, B-0 will be tested. That is the tell tale zone whether this rally has legs.
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