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
Recap 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 ...
Lawrence's Comment
Recap
Aussie failed to hold the Y-0 double bottom neckline and flushed down to where it started the up run. The low volume up drift back up to previous week ...
Lawrence's Comment
Recap
Cable failed to move higher and made a new low. FOMC announcement took it back up and stop run printed a new high for the week but there was ...
Lawrence's Comment
Recap
Surprise rally tagging Y+1 negated the bear flag break on 4 hours and in turn giving us STOPD shcok breakout target of Y+3. Y+3 almost tagged and cable stalled ...
Lawrence's Comment
Recap
Pullback / consolidation all week. Not dropping quite down to support as 50% previous week range capped the move. Closed the week below Y+1 and midpoint.
Outlook
As long as Y+1 ...
Lawrence's Comment
Recap
Aussie held previous week close and then bounced back up to resistance zone / channel top. Channel top confirmed as resistance with Y-1 in play. Y-0 resumed its role ...
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
USDJPY Feb 06 to Feb 10 Outlook
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