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Lawrence's Comment Recap 1320 upside target tagged first thing in the week. Struggling at 1320, eventually fall back down to Y+1. The test confirmed its strength and that put Y+2 ...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 MOREPrecog Vision – Forex 2018-10-153DP Odds Table (USDJPY) 2021-09-063DP Odds Table (USDJPY) 2014-08-01S&P 500 Feb 14 to Feb 18 OutlookPrecog Vision – Forex 2017-2-22Precog Vision – Forex 2019-10-73DP Odds Table (USDJPY) 2020-07-08Intraday Cycle Projection (USDJPY) 2021-03-09AUDUSD Feb 12 to Feb 16 OutlookDow 30 Jul 23 to Jul 27 Outlook
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USDJPY Apr 15 to Apr 19 Outlook
Lawrence’s Comment
Swinged higher. Exceeded upside expectation and consolidated above Y+1. Closed the week near Y+1 and below midpoint.
Outlook
Did not make it to Y+2 and tight range for the week points to the need of time to absorb the upswing. May fall back down to B-3 but not necessary. The full impact of Japan’s planned monetary base 100% expansion is still not fully understood by the world thus more time is needed.
Overall bias is more upside for the long term as the move chosen by BOJ and Japanese government will finally destroy their economy completely.
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