Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap News from Europe created a new wave of sell pressure across European currencies against US dollar. Cable was forced to break Y-1 leading to a flush to ...READ MORELawrence's Comment Recap Euro tried to hold Y-1 but failed to clear 1.13 and eventually failed to hold above 1.12. Tight range consolidation. Closed the week near Y-1 and below midpoint. ...READ MORELawrence's Comment Recap Took out Y-1 at the start of the week and recovered. A false breakout of one extreme points to the potential of tagging the other side in ...READ MORELawrence's Comment Recap Y-0 acted as resistance at the start of the week but could not hold the price down on the 2nd try. Price zoomed up but stalled at the same ...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 MORE3DP Odds Table (USDJPY) 2018-05-22GBPUSD May 14 to May 18 OutlookEURUSD Sep 07 to Sep 11 OutlookDow 30 Feb 06 to Feb 10 OutlookHot n Cold (USDJPY) 2012-11-233DP Odds Table (USDJPY) 2016-12-06USDCAD Mar 25 to Mar 29 OutlookHot n Cold (USDJPY) 2011-9-16Precog Vision – Forex 2019-10-73DP Odds Table (USDJPY) 2020-10-06
As Featured In
USDJPY Apr 01 to Apr 05 Outlook
Lawrence’s Comment
More downside as expected but failed to tag Y-2. Just consolidated around Y-1. Closed the week near Y-1 and midpoint.
Outlook
Indecision to close near Y-1 means a chance to push back up to B+1. As long as B+1 is acting as resistance more downside is expected. Looking for B-2 to be tagged within 2 weeks.
Share