Trading Edges That Last
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Lawrence's Comment Recap Compression within Y-1 / Y-0 initially as expectation. Fake out on both ends as expected too. End of week collapse sent cable down to normal Y-2 downside target. Closed ...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) 2017-01-25Dow 30 Nov 14 to Nov 18 OutlookWeekly Cycle Projection (USDJPY) 2015-10-19Precog Vision – Forex 2017-7-11Precog Vision – Forex 2017-4-19Hot n Cold (USDJPY) 2016-9-23Precog Vision – Forex 2018-7-3GBPUSD Jun 13 to Jun 17 OutlookPrecog Vision – Forex 2016-3-23AUDUSD Oct 14 to Oct 18 Outlook
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USDJPY Dec 03 to Dec 07 Outlook
Lawrence’s Comment
Pulled back to slightly below Y-0 and bounced off. Retest of Y+1 did not quite make it there. Closed the week above midpoint and Y-0.
Outlook
Inside week with political uncertainty looming in Japan. I still do not understand why they choose to rush an election at the end of the year. Originally this is the pair with best potential to ride on the long side all the way. Now it is a wait and see situation.
Likely consolidation until the general election is over.
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