Lawrence's Comment
Recap
Started the week testing Y-0 from below and failed to push higher. That gave us a drop to Y-1. FBO at Y-1 sent ninja higher. Found resistance at the ...
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
Weak start with gap down. Sold off yet the gap below was not even challenged. Drifted up through multiple gap up days. Closed the week above Y+1 and near ...
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
Right from the start of the week Dow moved higher but struggled to stay above Y+1. The spike high that led to a close well below Y-1 confirmed the ...
USDJPY Jul 09 to Jul 13 Outlook
Lawrence’s Comment
Inside week. Absolutely going nowhere. Closed the week below Y-0 and midpoint.
Outlook
A week of bear flag points to retest of Y-1 sometime next week.
If a base is formed within B-1 to B-2, a retest of Y+1 is likely within a few weeks.
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