Trading Edges That Last
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Lawrence's Comment Recap Slow pullback / consolidation as expected. Closed near Y-1 below midpoint. Outlook End of the week sharp reversal points to strong resistance around B+1 area. There is no real ...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 MOREIntraday Cycle Projection (USDJPY) 2015-09-24Intraday Cycle Projection (USDJPY) 2023-01-27Precog Vision – Forex 2016-3-25Intraday Cycle Projection (USDJPY) 2016-07-26Weekly Cycle Projection (USDJPY) 2015-02-163DP Odds Table (USDJPY) 2022-10-24GBPUSD Oct 01 to Oct 05 OutlookIntraday Cycle Projection (USDJPY) 2021-02-26Precog Vision – Forex 2012-4-123DP Odds Table (USDJPY) 2012-10-11
As Featured In
USDJPY Feb 08 to Feb 12 Outlook
Lawrence’s Comment
Currency war at its finest – ninja found resistance at previous week close and dropped itself down to Y-0. In turn words exchange at the central bank level broken Y-0 support and sent ninja back down below Y-1. Closed the week below Y-1 and near week low.
Outlook
Another week of 500 pips week range registered. Daily level attempt to push higher failed with ninja falling back to longer term support again. If ninja can hold Y-2 and snap back above B-1 quickly, a run back up to B-0 will be in play.
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