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Lawrence's Comment Recap Failure to tag Y+1 early in the week sent the pair back down to Y-1. As Y-1 did not contain the drop, further weaknesses was expected from ...READ MORELawrence's Comment Recap No violent breakout, just a weak outside week reversal. Closed the week below Y-1. Outlook A reversal happened but not as strong as I hope for. Definitely need Y-0 ...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 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 MOREEURUSD Jun 18 to Jun 22 OutlookAUDUSD Mar 14 to Mar 18 OutlookUSDCAD Aug 27 to Aug 31 OutlookIntraday Cycle Projection (USDJPY) 2023-02-13Precog Vision – Forex 2021-6-9Intraday Cycle Projection (USDJPY) 2016-08-26Precog Vision – Forex 2018-10-43DP Odds Table (USDJPY) 2022-03-10Intraday Cycle Projection (USDJPY) 2014-11-06Precog Vision – Forex 2011-12-16
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USDJPY Sep 24 to Sep 28 Outlook
Lawrence’s Comment
Early in the week just continued to shoot higher and tagged Y+2 target. Failed to hold above Y+2 and collapsed back down below Y+1 and completed 100% absolute range expansion. Closed the week above Y-0.
Outlook
Y-0 was never challenged. Hence we cannot tell if buyers would show up there. Since 100% absolute range expansion stopped the pullback so far, it is reasonable to expect B-1 to act as support for a retest of at least B-0 and likely B+1.
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