Trading Edges That Last
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Lawrence's Comment Recap Strong gap down produced as squeeze straight back up in the beginning of the week. Yet Y+1 was not cleared. Failure to clear Y+1 gave us a test of ...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 Flushed to almost Y-2 target at the start of the week. Used up the bias right from the start often points to a reversal. Once NQ pushed above Y-1 ...READ MORELawrence's Comment Recap Y-0 never acted as support at all as news shock has created wild swings around Y-0. Closed the week close to B-1. Outlook Still looking for bullish continuation once B-0 ...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 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 MORE3DP Odds Table (USDJPY) 2017-01-20Nasdaq 100 May 12 to May 16 OutlookPrecog Vision – Forex 2017-12-20Nasdaq 100 Jan 13 to Jan 17 OutlookHot n Cold (USDJPY) 2012-8-31EURUSD Jul 11 to Jul 15 Outlook3DP Odds Table (USDJPY) 2022-03-10Precog Vision – Forex 2017-6-293DP Odds Table (USDJPY) 2022-09-29Precog Vision – Forex 2021-1-4
As Featured In
USDJPY Jan 13 to Jan 17 Outlook
Lawrence’s Comment
Started the week testing Y-0 from below and failed to push higher. That gave us a drop to Y-1. FBO at Y-1 sent ninja higher. Found resistance at the top of the resistance zone mentioned last week by NFP report. Sold off back down to week low. Closed the week near Y-1 and below midpoint.
Outlook
2nd rejection of above 105. Clear signs of weaknesses. As long as B-0 / Y-0 acting as resistance, more downside is expected.
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