Trading Edges That Last
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Lawrence's Comment Recap Spent most part of the week above Y-0 and right below Y+1 but failed to make a push above Y+1. Then the pair simply dropped through Y-0 as if ...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 MOREIntraday Cycle Projection (USDJPY) 2016-08-05Intraday Cycle Projection (USDJPY) 2018-05-24Intraday Cycle Projection (USDJPY) 2020-05-22Precog Vision – Forex 2015-10-22USDCAD Apr 29 to May 03 Outlook3DP Odds Table (USDJPY) 2021-02-16Precog Vision – Forex 2022-6-27S&P 500 Apr 10 to Apr 14 OutlookPrecog Vision – Forex 2021-10-19Weekly Cycle Projection (USDJPY) 2013-12-02
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USDJPY Jan 28 to Feb 01 Outlook
Lawrence’s Comment
Early in the week failed to push higher, got the pullback to exactly my support and then the rally continued. Closed the week above Y+1 and near week high.
Outlook
Last week turned out to be easier to trade than originally thought. I guess the grand posturing of Japan officials and BOJ has now been taken into account by most traders hence the clean moves to exact support.
Notice 88 suport is now created as the new floor level to protect ninja from going lower. This level is the new weekly support zone that has to hold for the rally to continue.
Looking for consolidation around B+1 this week.
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