Trading Edges That Last
- You May Also LikeFor 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 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 2019-2-14AUDUSD Apr 02 to Apr 06 OutlookDow 30 Mar 25 to Mar 29 OutlookDow 30 Apr 10 to Apr 14 OutlookEURUSD Dec 19 to Dec 23 OutlookPrecog Vision – Forex 2017-1-4Precog Vision – Forex 2016-11-17Precog Vision – Forex 2018-7-11Precog Vision – Forex 2011-4-143DP Odds Table (USDJPY) 2014-01-06
As Featured In
USDJPY Apr 08 to Apr 12 Outlook
Lawrence’s Comment
Got downside target of Y-2 right in the beginning of the week. Bounced off target back to Y-1. Retested with higher low and 1-2-3 buy off Y-1. Classic reversal with Y+1 target. Ninja did not stop there as more news fed out to push it even higher. Got Y+3 then Y+4 in 1 go. Closed the week at week high and Y+5.
Outlook
Much faster price swings then anticipated, both downside and then upside. Did not participated in the last push to Y+5 as that part was way beyond normal expectations.
This week consolidation around Y+5 is expected. Not the usual tight range one though because past week was 350%+ range expansion. This week we can easily see swings to as high as 99.3 and as low as 96.4. Extreme volatility induce more volatility in coming weeks.
Share