Trading Edges That Last
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Lawrence's Comment Recap Broken below our support zone, but successfully staged a double bottom to blast the price up right underneath. That puts Y-0 into play. Reached Y-0 in midweek and ...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 MORELawrence's Comment Recap Breached Y+1 early in the week telling us Y+2 in play. Pulled back around 15 points (not quite the 20 points from expectation), then zoom up to target. ...READ MORELawrence's Comment Recap The gap down to below B-1 had cleared the weak bulls quickly. Turning the original expectation of a consolidation in the lower price level unncessary. The immediate rally ...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 MOREIntraday Cycle Projection (USDJPY) 2018-11-05Intraday Cycle Projection (USDJPY) 2021-01-25AUDUSD Oct 24 to Oct 28 OutlookDow 30 Oct 10 to Oct 14 OutlookPrecog Vision – Forex 2018-11-2Nasdaq 100 Feb 21 to Feb 25 OutlookWeekly Cycle Projection (USDJPY) 2015-11-16S&P 500 Apr 25 to Apr 29 OutlookPrecog Vision – Forex 2014-3-19Precog Vision – Forex 2016-9-30
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USDJPY May 20 to May 24 Outlook
Lawrence’s Comment
Consolidated above Y+1 as expected. Held the support mentioned last week. Rallied to new high by end of the week. Easy week indeed. Closed the week near week high and above Y+1.
Outlook
Tagging Y+2 to B+2 is expected early next week. There is not much resistance beyond B+2 so it is not a good idea to counter this up swing. Breaking below B-0 / Y+1 points to a pullback to B-2 area.
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