Recap Ninja reversed its course as expected from higher timeframe support. Ran all the way back up to Y+1 before it stopped. Closed the week above Y+1 and midpoint.
Outlook Outside week strong close. Potential weekly reversal in place. As long as B-0 is not breached ninja will go higher in coming weeks.
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
Consolidation actions within Y+1 and Y-0 as expected until FOMC announcement. Breakout to the upside and filled the open gap above. Closed the week above Y+1 and near week ...
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
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
Picture perfect seasonal shift from bullish to bearish mode. Previous week close resistance sent Cable straight down to Y-1 from break of the rising wedge that spanned 2 weeks. ...
USDJPY Jul 07 to Jul 11 Outlook
Lawrence’s Comment
Ninja reversed its course as expected from higher timeframe support. Ran all the way back up to Y+1 before it stopped. Closed the week above Y+1 and midpoint.
Outlook
Outside week strong close. Potential weekly reversal in place. As long as B-0 is not breached ninja will go higher in coming weeks.
Share