Recap Consolidation in 1st half of the week as expected. Spike to the upside paved way to Y+2 and then the breakout carried ninja to the target. Closed the week at Y+2.
Outlook Bull swing in full force will continue until at least one week pulling back to B-1 first.
Again, looking for consolidation around B+1 with slight bias towards a pullback to B-0.
Lawrence's Comment
Recap
Gap below previous week low and started a mini crash to not just our closest 12800 (Y-2) target. It also tagged Y-3 quickly. That kind of moves ...
Lawrence's Comment
Recap
Confirmed FBO on Monday gave us the bias for a move down to Y-1. Sold off from a lower high against Y+1 and dropped down to Y-1 smoothly as ...
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
Another week of consolidation as expected. Bear flag in beginning of the week drove the price down to Y-1 for a retest. W. spring formed and sent it back ...
USDJPY Feb 04 to Feb 08 Outlook
Lawrence’s Comment
Consolidation in 1st half of the week as expected. Spike to the upside paved way to Y+2 and then the breakout carried ninja to the target. Closed the week at Y+2.
Outlook
Bull swing in full force will continue until at least one week pulling back to B-1 first.
Again, looking for consolidation around B+1 with slight bias towards a pullback to B-0.
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