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Lawrence's Comment Recap Cable held the breakout level nicely and rallied to retest Y+1 as expected. Once Y+1 was tagged cable went into consolidation. Closed the week at Y+1 and above midpoint. Outlook Potential ...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 Snapped back up to Y-0 as predicted. Failed to hold above Y-0 and falled back down to Y-1. Effectively consolidated within Y-1 to Y-0 area. Closed above midpoint ...READ MOREIntraday Cycle Projection (USDJPY) 2015-02-03GBPUSD Jun 17 to Jun 21 Outlook3DP Odds Table (USDJPY) 2018-11-28Weekly Cycle Projection (USDJPY) 2014-10-133DP Odds Table (USDJPY) 2012-09-053DP Odds Table (USDJPY) 2019-06-03Precog Vision – Forex 2017-7-19Intraday Cycle Projection (USDJPY) 2018-01-10S&P 500 Feb 08 to Feb 12 OutlookDow 30 Jun 20 to Jun 24 Outlook
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USDJPY Jul 15 to Jul 19 Outlook
Lawrence’s Comment
As expected BOJ did its part and ninja got pushed down to almost Y-2. On pure price action basis, the FBO reaction to Y+1 gave us Y-0 and then Y-1. The violent reactions below Y-1 was obviously stop run. Closed the week at Y-1 and below midpoint.
Outlook
It looks like the start of a weekly level pullback. As long as ninja is trading around the prescribed bottom of the range at 98 this should be treated as a consolidation.
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