Lawrence's Comment
Recap
ES FBO against Y-1 forced a run back up to Y-0. Y-0 resistance dropped ES back down to neckline of 1-2-3 buy on 30-min. ES rallied from that support ...
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
All week updrift from near Y-0 fitted the NFP play perfectly. Y+2 target tagged without any real resistance. Clsoed the week near Y+2 and above midpoint.
Outlook
Parabolic run ...
Lawrence's Comment
Recap
The more likely case of sell off materialized. The sell off, however, stopped at 100% absolute range expansion by end of week.
Outlook
The selloff stopped above Y-1 is likely ...
USDJPY Dec 24 to Dec 28 Outlook
Lawrence’s Comment
Classic consolidation near Y+1 at 50% of previous week range. Closed the week above midpoint and Y+1.
Outlook
Probably no direction until after new year. As long as B-1 acts as support, a retest of B+1 and tagging of B+2 is likely.
Share