Recap Ninja found support below Y-1 as expected and took off back up to the price level before its breakdown swing the week before. FOMC decision caused wild swing in Ninja. Closed the week below Y-0 and midpoint.
Outlook Holiday trading in tight range is expected. 50% range points to B-1 support and B-0 / Y-0 resistance.
Lawrence's Comment
Recap
NQ edged lower below Y-1 but never really stayed below the support level. Took it a week to breakout upside. Closed the week near week high and above Y-0.
Outlook
Whole ...
Lawrence's Comment
Recap
As expected, even after breaking Y-1 euro refused to go lower quickly. slow choppy action down to near Y-2. Closed the week near Y-2 and week low.
Outlook
1.33 target still ...
Lawrence's Comment
Recap
Perfect breakdown from the beginning of the week gave us a very volatile move down to my target from last week. Not an easy ride down at all. Closed ...
For 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 schedule
For 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 schedule
Lawrence's Comment
Recap
Y-0 acted as support, breakout to the downside. Y-2 tagged late in the week. Closed the week near Y-2 and week low.
Outlook
Weaknesses continue as expected but not as weak ...
Lawrence's Comment
Recap
Bullish scenario unfolded as Y+1 tagged first with Y-0 support leading to a run to Y+2. Option expiration Friday even jumped NQ to Y+3 by open yet failed to ...
USDJPY Dec 21 to Dec 25 Outlook
Lawrence’s Comment
Ninja found support below Y-1 as expected and took off back up to the price level before its breakdown swing the week before. FOMC decision caused wild swing in Ninja. Closed the week below Y-0 and midpoint.
Outlook
Holiday trading in tight range is expected. 50% range points to B-1 support and B-0 / Y-0 resistance.
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