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 MORE
Lawrence's Comment Recap Pushed towards Y+1 as expected. Then news shock sending cable back down to Y-1. Yet Y-1 acted as support and forced cable to approach Y+1 again. Outlook A test ...READ MORERecap of last week Flushed down as expected, tagged the previous month 2x downside target (good!) but not tagging the 50% weekly expansion target to the downside and reversed ...READ MORE3DP Odds Table (USDJPY) 2013-08-01Precog Vision – Forex 2011-11-233DP Odds Table (USDJPY) 2022-07-21Intraday Cycle Projection (USDJPY) 2018-03-21USDCAD Feb 27 to Mar 03 OutlookGBPUSD Nov 14 to Nov 18 OutlookEURAUD Week of Nov 15th to 19th OutlookS&P 500 Oct 24 to Oct 28 Outlook3DP Odds Table (USDJPY) 2016-02-11Intraday Cycle Projection (USDJPY) 2021-09-17
As Featured In
USDJPY Dec 30 to Jan 03 Outlook
Lawrence’s Comment
Ninja found support at previous week close and Y-0 in the beginning of the week. That gave us up drift bias for Y+1. Breakout above Y+1 and stayed above. Closed the week above Y+1 and near week high.
Outlook
The news from Japanese government enforce the strength in ninja. Not a very bullish chart though as a rising wedge is developing. B+2 may stop this run and starts a stronger pullback.
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