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 MORE
Lawrence's Comment Recap The easy play last week. Y-0 acted as resistance and gave us a selloff down to Y-3 my target. It cannot get any easier than this. Closed the week ...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 MORELawrence's Comment Recap Aussie followed its peers and collapsed down to 100% range expansion. Closed the week below Y-2 and near week low. Outlook Consolidation likely as long as Y-3 acts as ...READ MOREIntraday Cycle Projection (USDJPY) 2019-05-10Weekly Cycle Projection (USDJPY) 2019-10-07Precog Vision – Forex 2018-1-4Intraday Cycle Projection (USDJPY) 2016-06-01GBPUSD May 17 to May 21 OutlookPrecog Vision – Forex 2014-4-11GBPUSD Jun 02 to Jun 06 OutlookPrecog Vision – Forex 2011-9-16AUDUSD Jan 26 to Jan 30 OutlookIntraday Cycle Projection (USDJPY) 2018-12-28
As Featured In
USDJPY Feb 03 to Feb 07 Outlook
Lawrence’s Comment
Dropped lower to tag the downside target right off the start and snapped back up. FBO gave us a go for Y-0 and we got that. Perfect sell setup back down to week low and trapped since. closed the week at Y-1 and near week low.
Outlook
Yen is the only currency gaining on US dollar out of the majors. It is forced to be the escape route, so to speak. If euro really takes a dive this week and drags cable with it, ninja will continue to be pressured lower, but not necessary much lower.
Down side triangle suggests B-2 in play as long as B-0 is not breached.
Share